Puerto Rico Film, Television, and Theatre Production Act of 2019 This bill extends the expensing provisions for film, television, and theater productions to productions in Puerto Rico. (Expensing permits the write-off of property costs in the current taxable year rather than capitalizing such costs.)
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Business investment and capitalIncome tax deductionsPerforming artsPuerto RicoTelevision and filmU.S. territories and protectorates
Puerto Rico Film, Television, and Theatre Production Act of 2019
USA116th CongressHR-3943| House
| Updated: 7/24/2019
Puerto Rico Film, Television, and Theatre Production Act of 2019 This bill extends the expensing provisions for film, television, and theater productions to productions in Puerto Rico. (Expensing permits the write-off of property costs in the current taxable year rather than capitalizing such costs.)