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WILMINGTON, NC (WWAY) — We told you yesterday about plans to bring filming of a major motion picture to the Cape Fear. Today, we’re learning that producers of “Iron Man 3” may have chosen Wilmington over other locations because of state film incentives.

According to the Detroit Free Press, Michigan originally offered Marvel $13 million in incentives, but upped that to $20 million to match North Carolina. The Michigan Film Office told the newspaper that the film chose North Carolina instead because the money was guaranteed.

Marvel did not respond to requests for comment.

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31 Comments on "FIRST ON 3: Michigan says incentives led ‘Iron Man 3’ to NC"

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2016 years 2 months ago

Yes maybe just a couple million, but better than no million right?? The movie gets a 25% tax rebate on qualifying expenses. They have already paid a sales tax on the goods at 7%. Once the production is finished they received 25% of 7% back. It isn’t possible for me to know what they paid in taxes, and how much the 25% of 7% equated to in their return. Just as much as they don’t know how much I paid in taxes last year. So to answer your question no one knows the exact number but the state treasury dept.… Read more »

2016 years 2 months ago

After reading all your posts, I’m really starting to like you.

2016 years 2 months ago

I live in the real world… I work out of state a lot in this business and by doing so I pay income taxes in other states every year. I promise you that the individuals working here from out of state “Distant Hire” will be paying income tax to the great state of NC. So unless your accountant has found a loop hole taxes will be taken out of their paychecks.

Since they are said to be using all ten stages at Screen Gems. I would say they will be here for months…

If you want to talk financial benefit you must… Read more »

2016 years 2 months ago

during the short time the Rock & Michael Caine were in town?

Now you’re just throwing out more of those mindless, no specific answer responses.

How long were they here?

How much was spent?

What was the cost in incentives?

Pretty simple questions.

And with all of the opposition to incentives, perhaps the film office can take the bull by the horns; get the Czar off his duff; and give some specific answers.

Maybe you should get a new accountant. I work out of state throughout the year; my residence is NC; I pay NC income taxes. It would be beneficial if I could claim… Read more »

iatse 491
2016 years 2 months ago

The unions lobbied people like Julia Boseman to boost incentives to the Hollywood film makers. These inflated numbers suggesting that it’s 100 million dollar budget make people think that that money is staying here when in fact it’s going to super star salaries, $40,000 private jet trips to and from LA, very little is staying here. There are no grip, electric, rental car companies based out of NC. Home Depot is not a NC corporation. There are no sales taxes paid by these companies either.

The unions are the only ones making out (like bandits) over this. This right to… Read more »

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