The Broadway tour of 'On Your Feet!' took advantage of the Empire State Theatre Production Tax Credit. Photo: Matthew Murphy
A New York state tax credit is bringing Broadway tours and economic activity upstate, but causing headaches for some producers. The Empire State Theatre Production Tax Credit, which has been in effect for two years, gives a 25% tax credit to shows that tech their Broadway tours in upstate New York. However, because many shows structure their companies as limited liability companies and New York does not allow the sale of tax credits, the credit currently goes to the investors, not to the show itself. Last year, a handful of shows took advantage of the credit, putting together sets and…

 This article is exclusive to Broadway News Plus subscribers. 

Become a Broadway News Plus subscriber.

Subscribe today to get unlimited access to Broadway News and support the future of theater journalism.

Already a Broadway News Plus subscriber? Log in here.