Part 7/10:
Many studios and investors engage in selling or pre-selling tax credits, effectively converting future credits into immediate cash. For example, a studio might estimate a $10 million tax credit but sell it for $9 million upfront, providing immediate liquidity and reducing financial risks. This practice is legal and common but can contribute to misinterpreting actual spending as inflated or fraudulent.
The Bigger Picture: Comparing Superman to Other Productions
To put this into perspective: