The Daily Gazette
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Tax incentives eyed for live theater shows

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U.S. Sen. Charles Schumer is proposing legislation that would extend the tax incentives afforded to film producers and music publishers to those who invest in live theater. Schumer introduced a law aimed at amending federal tax code to promote financing commercial stage productions, an often prohibitively risky enterprise. The legislation could impact dozens of theaters that put on Broadway shows and live production throughout upstate New York, including Proctors in downtown Schenectady. “From New York ...

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