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NC missed Miley Cyrus movie by $125,000

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RALEIGH — North Carolina missed its chance to have a Miley Cyrus movie filmed on its coast by a tax credit of at least $125,000.

The News & Observer of Raleigh reported Tuesday that producers for the teen sensation’s “The Last Song,” wanted a tax credit worth between $125,000 and $225,000.

Documents released to the newspaper by the state Department of Commerce show that state revenue officials didn’t think Walt Disney Pictures should receive the credit.

An announcement of the movie deal by Gov. Beverly Perdue was scuttled five minutes before it was scheduled because no deal was reached.

If the movie had come to North Carolina instead of going to Georgia’s coast, it would have meant up to 500 summer jobs and more than $17 million in revenue.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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North Carolina missed its chance to have a Miley Cyrus movie filmed on its coast by a tax credit of at least $125,000.

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