New Mexico denies $1.6 million tax credit on 'Rust' movie after accidental shooting by Alec Baldwin

Reported 12 months ago

New Mexico tax authorities have denied an application for tax incentives worth as much as $1.6 million to Rust Movie Productions, following the fatal shooting incident involving Alec Baldwin on the set of 'Rust' in 2021. The denial may affect the film's financial arrangements, which included using the tax credit to finance a legal settlement with the cinematographer's family. The denial comes as Baldwin faces trial for involuntary manslaughter, and the production tries to secure a U.S. distributor for the completed film.

Source: YAHOO

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