A package that establishes equal tax treatment for live theatrical productions was signed into law Dec. 18 by President Barack Obama. Matthew celebrated with Harvey Weinstein, Judith Light, Norm Lewis Join Senator Schumer at Sardi’s in New York City.
The bill levels the playing field between New York-based theatrical productions and film and television shows. Current tax codes allow TV and film productions to expense up to $15 million in qualified costs, when 75 percent of compensation paid is for services performed in the United States. Broadway shows and other live theatrical productions did not previously qualify for the tax incentive. (Playbill)

All the pictures in the gallery: U.S. Senator Charles E. Schumer Commemorates Last Week’s Change In Federal Tax Law Benefits With Broadway Stars (December 21)