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Tax Incentives

Wilmington, New Hanover leaders push for legislative session on film incentives

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videoMembers of the New Hanover County Commission and Wilmington City Council signed a joint letter to Gov. Pat McCrory, House Speaker Thom Tillis and Senate President Pro Tem Phil Berger yesterday asking them to call for a special legislative session to "reconsider film incentives that will better serve North Carolina in remaining marketable and competitive" in the film industry. Full story...
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NC weighs giving upfront money for promised jobs

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North Carolina lawmakers are considering breaking with a generation of state job-hunting efforts and giving corporations upfront money to move. Full story...
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Film supporters rally again in Raleigh

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videoNorth Carolina's film industry made another appeal in Raleigh today. Workers fighting for nothing less the industry's very existance, according to advocates, who are concerned that the legislature will let film tax credits go away. Full story...
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Film supporters take fight to Raleigh

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videoPeople in the Port City who rely on the film industry to survive took their fight to extend film incentives to Raleigh today. Film incentive advocates tried to educate state lawmakers on what the incentives mean and how they positively impact the state, but some people were not as enthusiastic about the future of film incentives in North Carolina. Full story...
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Film industry employee writes letter to the governor

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videoOne local employee of the film industry is taking matters of the tax incentive into her own hands. Dale Williams sent a letter to Governor Pat McCrory asking for a meeting to discuss the future of film employees in our state. Full story...
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Preserving historic downtown could become more costly

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The old world charm of downtown brings people from across the country to the Port City. With $1.6 billion in investments on the line, the expiration of the historic preservation tax credit could slow that down. Full story...
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Castle Branch ahead of schedule on new building, incentives goals

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videoCastle Branch says it is ahead of schedule on its headquarters expansion in Wilmington and reaching goals needed for incentives approved last year by the state, New Hanover County and the City of Wilmington. Full story...
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Auto parts maker to add 200+ jobs at NC factory

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A British-based company that manufactures parts for automakers plans to expand a North Carolina factory by nearly 230 jobs over five years. Full story...
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Films spent $278 million here, earned $69 million last year

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Film, television and commercial productions spent more than $275 million in North Carolina and employed about 14,000 people in the past fiscal year, according to NC Department of Revenue records. Full story...
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MetLife to move 2,600 jobs to NC from NE, Calif.

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Insurance giant MetLife Inc. is moving 2,600 jobs from offices in four Northeast states and California to North Carolina, which is offering tax and other incentives that could be worth almost $100 million. Full story...
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AP: Brunswick Co. tire plant deal may enrich NC political donors

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video A state lawmaker and a group of Democratic political donors with ties to Gov. Beverly Perdue are poised to sell land in Brunswick County at a handsome profit for a tire plant that's being lured with $100 million in state and local incentives, according to public records reviewed by The Associated Press. Full story...
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NC Supreme Court rejects Google incentives lawsuit

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North Carolina's Supreme Court is rejecting a lawsuit filed by a few taxpayers over tax breaks used to lure Google Inc. to Caldwell County. Full story...
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NC appeals court considers incentives lawsuit

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A North Carolina appeals court is taking a new look at a lawsuit arguing the millions taxpayers spent to get a culinary and hospitality school to move to Charlotte should be repaid. Full story...
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Judge rules Titan permitting can move forward

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Titan America says a Wake County judge has removed an injunction imposed back in May. The decision means the state can move ahead reviewing Titan's air quality permit. Full story...
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Federal tax incentive ends April 30

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video A federal tax incentive to motivate people buy new homes ends in a few days. Full story...
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