FILE - Alec Baldwin attends the Roundabout Theatre Company’s annual gala at the Ziegfeld Ballroom on Monday, March 6, 2023, in New York. New Mexico taxation authorities in April denied an application for tax incentives worth as much as $1.6 million to Rust Movie Productions, according to documents obtained by The Associated Press.
Court documents indicate that settlement payments are up to a year late, as attorneys for Hutchins’ widower determine “next steps” that include whether to resume wrongful death litigation or initiate new claims. Legal representatives for Matthew Hutchins did not respond to telephone and email messages seeking comment.
Among the beneficiaries of the rebate program are the 2011 movie “Cowboys and Aliens” and the TV series “Better Call Saul,” a spinoff of “Breaking Bad.
Spadone, the attorney for “Rust,” said the denial of the application is “surprising” and could disrupt confidence in the tax program with a chilling effect on rebate-backed loans that propel the local film industry. “Popular opinion? I’d say don’t give them the rebate. But legally, I think they qualified for it all,” he said.have enacted measures to implement or expand film tax incentives since 2021, while some have gone in the opposite direction and sought to
Source: Entertainment Trends (entertainmenttrends.net)
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