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Tax provision would allow Broadway shows to expense initial production costs by Caitlin Huston

A provision in the proposed U.S. Senate tax bill would allow "qualified theatrical productions" to expense all of their initial production costs and allow investors to write off their investment once the show has its first performance. The provision, which added film, television and theatrical productions to the accelerated bonus depreciation section of the tax […] The post Tax provision would allow Broadway sh…

SOURCE: Broadway.News at 07:49AM on November 22, 2017

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