Justin Hartley’s hit CBS series, ‘Tracker’, is making a significant move by relocating from Canada to Los Angeles for its fourth season. This change comes after the show received a nearly $50 million tax credit, sparking interest in the world of television production.
The $48 Million Tax Credit: A Breakdown
The news of ‘Tracker’s’ relocation broke on Monday, May 4, with reports indicating that the show had been awarded $48 million on $129 million in qualified expenditures. This substantial tax credit has been a major factor in the decision to move production from Vancouver to Los Angeles.
According to Deadline, ‘Tracker’ is one of several shows that have been awarded tax credits in recent times. The show’s production company, 20th Television, has been successful in securing funding for the series, making it the biggest show to be brought back to California with the help of a tax credit.
A Look at the Tax Credit Process
So, how does the tax credit process work? In the United States, TV shows can earn an additional 5 percent tax credit bonus on top of the 35 percent base credit for qualified expenditures incurred outside the 30-mile zone that covers the Greater Los Angeles area and surrounding communities. This means that shows like ‘Tracker’ can earn a significant amount of money by filming in locations outside of this zone.
Other shows have also benefited from this tax credit system. For example, Prime Video’s ‘Fallout’ moved from New York to Los Angeles, while Dan Fogelman’s upcoming NFL drama, ‘The Land’, was given a $42.8 million tax credit. These examples demonstrate the potential of the tax credit system in attracting production to different locations.
Justin Hartley’s Reaction to the Move
Justin Hartley, the star of ‘Tracker’, has expressed his excitement about the show’s relocation to Los Angeles. In a statement, he said, “I’m proud of what we built in Vancouver. I’m also very excited we’re bringing Tracker to L.A. I’m looking forward to continuing to tell these stories alongside the new, fresh places we’ll be heading to next. Most importantly, I want to thank the fans for showing up for us every step of the way. We couldn’t do this without you.”
The Future of ‘Tracker’ in Los Angeles
As ‘Tracker’ begins its fourth season in Los Angeles, fans can expect new and exciting storylines. The show’s relocation to the city has opened up new opportunities for the production team, allowing them to explore fresh locations and tell new stories. With the support of the tax credit system, ‘Tracker’ is well-positioned to continue its success in the world of television.
FAQs
- What is the $48 million tax credit for ‘Tracker’? The tax credit is a nearly $50 million award on $129 million in qualified expenditures.
- Why is ‘Tracker’ relocating to Los Angeles? The show is relocating to take advantage of the tax credit system and explore new locations.
- What is the tax credit system? The tax credit system allows TV shows to earn an additional 5 percent tax credit bonus on top of the 35 percent base credit for qualified expenditures incurred outside the 30-mile zone that covers the Greater Los Angeles area and surrounding communities.
In conclusion, the relocation of ‘Tracker’ to Los Angeles is a significant move for the show and the world of television production. With the support of the tax credit system, ‘Tracker’ is well-positioned to continue its success and tell new and exciting stories in the city.
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