Blue Crush [SEP] distributor
, a progressive local tax incentive that called for a 100 percent state tax credit for high-tech investments meeting the requirements for qualified high-tech business, while also allowing local investors to receive tax credits for investments in film or television productions. Universal Studios used the legislation for the "Blue Crush" production, receiving approximately $16 million in a deal with local investors who, in exchange, received the film's high-tech tax credits. The agreement also involved marketing rights for the Hawaii Visitors and Convention Bureau whereby
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References.
- Company website accessed 23 Sep 2006
- North American Distributor website accessed 23 Sep 2006