Streamline Global is a film finance and production company.
Streamline buys, sells, and produces qualified feature films that qualify under the provisions of IRS code section 181 and 168k2. Similar to acquiring an aircraft, some asset classes afford the owner with tax benefits in the form of bonus depreciation or tax credits.
Feature films are no different.
HOW IT WORKS
Acquiring films that offer certain tax benefits may reduce the owner’s federal income tax liability from income earned from other sources.
In effect, instead of paying income taxes, a portion of the same tax funds are re-directed to an acquisition of a qualified film which provides tax incentives (i.e. tax credits and/or bonus depreciation) in an amount sufficient to offset the taxpayers federal income tax owed.
The tax savings allocated to these assets may increase potential for profit through rapid cost recovery, lowering the break-even point and lowering overall risk by allowing the individual to recover a significant portion of their purchase back within the first year through significant tax benefits, all expressly incentivized by the IRS.
Streamline’s team is an eclectic mix of film industry veterans, tax specialists, accounting wizards and visionaries who are truly interested in changing the way the film industry finances projects.
We help our clients acquire incredible movies, allowing them to partake in the thriving U.S. entertainment industry, all while ensuring they take full advantage of the economic and tax benefits of owning such important assets.
By owning a qualifed film, owners win three different ways:
Questions? Click below to learn more about tax assets.
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