
CFC: Force Majeure Provision For Tax Credit Programs
The California Film Commission (CFC) has announced that the impact of COVID- 19 on tax credit productions is considered a force majeure situation. Approved tax credit applicants that have been impacted by the pandemic in a way that affects their ability to meet timeline requirements are eligible to submit a force majeure request. “Force Majeure” means an event or series of events, which are not under the control of the […]