In the entertainment and media industry, the business necessity is that talent must be flexible and mobile, crossing borders seamlessly to get the job done. This article is intended to provide a non-exhaustive, broad summary of only some of the many tax and related policy challenges that may arise.
Media and entertainment productions require a large host of talented people to make the ‘magic’ come together for a successful film or broadcast. These talented individuals may not come from one particular place but may be, for example, a mixture of locals from a specific country and key employees from the US. And where does the ‘magic’ come together? The creation of media and entertainment productions can occur all over the world. Not surprisingly, consumers of media and entertainment products have an increasing appetite for international venues and exotic locations.