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Wednesday, February 13, 2013
Theater promoters, legislators want tax credit to lure Broadway-bound shows to Boston - Theater & art
The Boston Globe: Eager to revive Boston’s status as a regular testing ground for big-name Broadway musicals, legislators are proposing a tax credit for producers who bring shows to the state before heading to the Great White Way.
The credit would grant up to $3 million to a production that plays in Massachusetts before opening in New York or to a touring show that starts here, reimbursing up to 35 percent of its state labor costs. Advocates of the proposal say the credits would create hundreds of jobs and drive millions of dollars of business into Massachusetts.
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