It's complicated.

PositionSTATELINE - Tax credits - Brief article

Iowa Attorney General Tom Miller has filed a lawsuit against several filmmakers claiming millions of dollars in tax credits are gone with the wind. The tax credit program was halted last year after questions were raised during a state audit about improper management and abuse. More than 40 states have used film incentives to attract film producers. But the real cost of the incentives is difficult to calculate. In 2007, a study in New Mexico found the state collected $1.50 in state and local taxes for every $1 refunded to movie makers. In Michigan, however, the Senate Fiscal Agency, in a September 2010 report, found that, "as is true for most tax incentives...

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