In Motown, tax credits lure music industry
From Detroit Free Press: 3/14/10
Decades after Motown Records put Detroit on the world’s entertainment map, a little-noticed tax break could help usher in a new era of music-making in Michigan.
Unbeknown to many, the state is offering tax credits of up to 42% for the production of music CDs and music videos. The credits were designed to lure big-name artists to record in Michigan, which already is home to several chart-topping performers including Eminem, Kid Rock and Bob Seger.
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