Tax incentives helped lure Josh Trank's film "Fantastic Four" from Vancouver to Louisiana

From: Pompo B.
Sent on: Wednesday, July 24, 2013 8:00 PM
Check this out Susie! :0 

http://www.thewrap.com/movies/article/fantastic-four-reboot-moving-production-vancouver-louisiana-exclusive-105601

'Fantastic Four' Reboot Moving Production From Vancouver to Louisiana (Exclusive)

Tax incentives helped lure Josh Trank's film to the state



"The Fantastic Four" is headed to the Deep South.

The super-team reboot is moving production from Vancouver to Louisiana, a studio spokeswoman told TheWrap.

Louisiana lawmakers recently killed a bill that would have reduced the state's film production incentive program, keeping its generous transferrable credits in place. That made Fox feel comfortable sending work there, according to an individual with knowledge of the decision-making process.

Also read: Will 'Chronicle' Star Michael B. Jordan Be Human Torch in 'Fantastic Four'? (Exclusive)

This marks the first Marvel-based Fox film to shoot in Louisiana, after many of the studio's superhero movies -- such as "X-Men" and the upcoming "X-Men: Days of Future Past" -- were shot in Canada.

"The Fantastic Four" isn't alone among tentpoles headed to Louisiana now that the specter of cuts has dissipated. "Pirates of the Caribbean 5" will also shoot in the state, Jerry Bruckheimer told The Playlist last month. The producers cited the tax incentives as the reason for the decision.

Louisiana offers a 30 percent transferrable tax credit for in-state expenditures related to a film's production -- and an additional 5 percent labor incentive for hiring the state's residents.

Casting on "The Fantastic Four" has yet to be announced, but the film is expected to begin production in September. Josh Trank ("Chronicle") will direct the film, which is slated for release on March 6, 2015.



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