Tax Credits - Louisiana

http://www.louisianaentertainment.gov/Film/content.cfm?id=61
Louisiana offers a 30% transferable incentive for total in-state expenditures related to the production of a motion picture. An additional 5% labor incentive can be earned on the payroll of Louisiana residents that are employed by a state certified motion picture production. The incentives are fully transferable and Louisiana has no limit to the amount of incentives that can be earned by a single production. Only money spent on your production costs within the borders of the state of Louisiana will qualify for the 30% incentive. That includes all services that are performed in Louisiana from residents and non-residents alike. Now, you have the option to transfer credits (incentives) to the state for .85 on the dollar and we will send you a check immediately.

Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget!

Tax Credits - Kentucky

http://www.kyfilmoffice.com/incentives.htm
• The refundable sales tax incentive now in place will remain.
• Qualified productions have the option of taking advantage of either the sales tax refund incentive or a newly created incentive. The new incentive is a refundable income tax credit of up to 20% of approved expenditures.
• The incentive is available to companies that spend at least $500,000 to produce feature films or television shows in Kentucky.
• Commercials are eligible with required expenditures of $200,000.
• Documentaries and Broadway productions are eligible with an expenditure minimum of $50,000.
• Applications will be reviewed and approved by the Kentucky Film Office, Secretary of the Tourism, Arts and Heritage Cabinet, the Finance and Administration Cabinet and the Kentucky Tourism Development Finance Authority.

Qualified expenditures include, but are not limited to, the following items.

• The production script and synopsis.
• Set construction and operations.
• Wardrobe, accessories, and related services.
• Lease or rental of real property in Kentucky as a set location.
• Photography, sound synchronization, lighting, and related services.
• Editing and related services.
• Rental of facilities and equipment.
• Vehicle leases.
• Food.
• Accommodations.

Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget!

Tax Credits - Kansas

http://www.ksrevenue.org/taxcredits-film.htm
CREDIT AMOUNT
The credit is 30% of the direct production expenditures made in Kansas that are directly attributable to the production of a film in Kansas.
The tax credit shall be deducted from the eligible film production company’s income tax liability for the taxable year in which the expenditures are made by the eligible film production company.
If the credit allowed exceeds the film production company’s income tax liability for the taxable year, the remaining portion of the credit may be carried forward until the total amount of the credit is used, except that no such tax credit shall be carried over for deduction after the third taxable year succeeding the year in which the costs are incurred.
LIMITATION OF CREDIT
The amount of tax credits that may be allowed shall not exceed $2,000,000 per tax year.

Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget.

Tax Credits - Indiana

http://www.in.gov/film/
Effective July 1, 2008, the Media Production Expenditure Tax Credit (MPETC) was established by IC 6-3.1-32 to further grow the Indiana production industry by providing individuals and companies a refundable tax credit of up to 15% of qualified investment in a qualified media production project. The MPETC is refundable; therefore, if the amount of the MPETC exceeds the taxpayer's state income tax liability for that taxable year, the taxpayer is entitled to a refund of the excess of the credit amount over their state income tax liability.

Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget!

Tax Credits - Iowa

IOWA
No tax incentives are offered at this time.

Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget.

Tax Credits - Illinois

http://www.illinoisfilm.biz/
30% of the Illinois Production Spending for the taxable year.
30% credit on Illinois salaries up to $100,000 per worker.
Tax credit can be carried forward 5 years from when originally issued by IFO.
The yearly sunset provision has been removed so the IL Film Services Tax Credit does not expire.
Rules/Requirements
The tax credit must directly contribute to Illinois Production Spending.
Illinois Production Spending includes tangible, personal property and services purchased from Illinois vendors and compensation paid to Illinois resident employees.
Illinois vendors qualify as businesses that have Illinois addresses.
An Illinois resident qualifies as someone who has a valid Illinois state ID or drivers license, issued prior to commencement of production.
An additional 15% tax credit will be issued if an employee's Illinois ID or drivers license indicates an address in an economically impoverished area.
Compensation maximum is $100,000 for each Illinois resident employee.
Applicants must submit a Diversity Plan.
Must spend at least $50,000 in Illinois Production Spending for a project 29 minutes or under.
Must spend at least $100,000 in Illinois Production Spending for a project 30 minutes or over.
Receipts and financial materials must be processed by a certified public accountant.
Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget.

Tax Credits - Idaho

IDAHO'S MOTION MEDIA REBATE PROGRAM
http://www.filmidaho.org/incentives.aspx
Legislation HB 592 passed on Tuesday, March 25, 2008! However, the program is currently not funded due to the recession's impact on the state budget. IFO will announce with a press release when funding occurs.
The program provides a 20% rebate for qualifying productions on all goods and services purchased in Idaho if at least $200,000 is spent in the state and at least 20% of crew are Idaho residents (will slide up to 30% over time). Capped at $500,000 per production, the program includes film, television pilots and episodes, documentaries and commercials. Qualifying criteria and rules as well as the application will be posted on this site upon implementation.
SALES TAX REBATE ON GOODS
Idaho has a rebate of the 6% sales tax on tangible personal property (which excludes consumables such as food) when $200,000 is spent on a wide variety of qualifying expenses.
LODGING EXEMPTION
Production personnel who are staying 30 days or more in Idaho lodging facilities are totally exempt from both sales and lodging taxes, currently 8%. Local option taxes levied in certain communities would also be exempt.
FEDERAL TAX INCENTIVE (American Jobs Creation Act)
The incentives are for all taxpayers, including companies, as long as they pay taxes.
Section 181 - any taxpayer, individual or company that invests in a qualifying film receives 100% loss in the year or years the money is spent.
The limit is up to $15 million per film and $15 million per episode for television with a maximum of 44 episodes. The incentive, unless extended, expires at the end of 2008.
Section 199 applies to film, music, video and all other manufacturing companies. As to music, it would apply only to those who compose, manufacture, and receive income from the sale of their music. It is the same for film and video. The deduction is 3 percent until 2007, 6 percent from 2007 to 2010 and then 9 percent from 2010 on.
INCENTIVE FOR RELOCATING OR NEW COMPANIES
Additionally, companies building new facilities may qualify for another rebate enacted in 2005 and amended in 2006. Minimum facility building costs and minimum new employees would apply. Please inquire with the Idaho Film Office for more information.
"WELCOME TO IDAHO" INCENTIVES
Idaho is naturally more cost-effective. Built-in incentives include reasonable prices on lodging, goods and services, long summer shoot days, great weather and a spirit of friendliness and cooperation.
Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget.

Tax Credits - Hawaii

http://www.hawaiifilmoffice.com/incentives-tax-credits
15-20% MOTION PICTURE, DIGITAL MEDIA, & FILM PRODUCTION INCOME TAX CREDIT
This is a refundable tax credit based on a production company's Hawaii expenditures while producing a qualified film, television, commercial, or digital media project. The credit equals 15% of qualified production costs incurred on Oahu, and 20% on the neighbor islands (Big Island, Kauai, Lanai, Maui, Molokai).

Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget.

Tax Credits - Georgia

http://www.georgia.org/GeorgiaIndustries/Entertainment/AboutUs/Pages/Incentives.aspx
On May 12, 2008 Governor Sonny Perdue signed into law the Georgia Entertainment Industry Investment Act, boosting the state tax credit for qualified production and post-production expenditures by as much as 30 percent. It is available not only to traditional motion picture projects such as feature films, television series, commercials and music videos, but also innovative new industries such as game development and animation.
The Georgia Entertainment Industry Investment Act offers an across the board flat tax credit of 20 percent based on a minimum investment of $500,000 on qualified productions in Georgia. An additional 10 percent Georgia Entertainment Promotion (GEP) uplift can be earned by including an imbedded animated Georgia logo on approved projects.

Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget.

Tax Credits - Florida

http://www.filminflorida.com/ifi/incentives.asp
General Production Queue 'A' Films, TV, Commercials and Music Videos with Qualified Expenditures $625,000 or more
Eligible for 15 - 22% Cash Rebate
Independent Florida Filmmaker Queue 'C'
Indie Florida Feature Films or Documentaries 70 minutes or longer with Qualified Expenditures of $100,000 up to $625,000
Eligible for 15 - 17% Cash Rebate

Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget.

Tax Credits - District of Columbia

http://www.filmproductioncapital.com/film-tax-credits-district-of-columbia.html
District of Columbia Highlights:
- Refundable grant of the lesser of either 10% of qualified expenses incurred in DC or 100% of sales and use tax paid to the District.
- Salaries included, but fringe benefits are not.
- $500K minimum spend and 5+ days filming in DC.

Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget.

Tax Credits - Delaware

http://dedo.delaware.gov/Film.shtml
None at this time.

Remember to exclude the tax credit on your film budget.
Check QuickFilmBudget.com for a sample film budget.

Tax Credits - Connecticut

http://www.ct.gov/ecd/cwp/view.asp?a=3880&q=454834
In 2006, the Connecticut General Assembly established a tax credit program to encourage the production of digital media and motion pictures in the State of Connecticut. The statute was amended in 2007 by Public Act 07-236 and again in 2009 by House Bill 6802.
The legislation makes it possible for eligible production companies to receive a tax credit on a sliding scale of up to 30% on qualified digital media and motion picture production, pre-production and post production expenses incurred in the state.
We are currently in the process of updating our forms and guidelines to reflect recent legislative changes. Please refer to New 30% Tax Credit Details for more information or contact us.

Remember to exclude the tax credit on your film budget.
Check QuickFilmBudget.com for a sample film budget.

Tax Credits - Colorado

http://www.coloradofilm.org/locationcolorado-filmincentives.htm
The Colorado Legislature passed the state's first ever film incentive in 2006. These film incentives offer filmmakers who qualify for the program a cash rebate instead of a tax credit.
The Colorado Film Incentive program rebates 10% of the below the line cost of producing a film, documentary or television program when that project is produced and filmed in Colorado; the production company spends 75% of it's below the line budget with Colorado businesses; and hires 75% of their crew locally.

Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget.

Tax Credits - Santa Clarita, California

http://www.filmsantaclarita.com/Index.aspx?page=45
On April 28, 2009, The City of Santa Clarita City Council unanimously approved a Film Incentive Program (FIP) as part of an Economic Development 21-Point Business Plan for Progress. The FIP is aimed at retaining and increasing feature and television production in the City of Santa Clarita (City) and the Santa Clarita Valley (SCV) by subsidizing permit fees, and directs staff to explore opportunities to reduce costs of safety personnel, including fire and sheriff.
The FIP will be offered during Fiscal Year 09-10 (July-June) and consists of three components. Incentive One virtually eliminates all permit fees, including road and property use, for feature and television productions who base in Santa Clarita, film a majority of their scenes here and hire local crew, while Incentive Two eliminates basic permit fees for feature, television, commercial, and music video production companies who film more than six times a year in Santa Clarita. Incentive Three provides a partial refund of the Transit Occupancy Tax (TOT) paid to City hotels.
The FIP subsidies will be capped at $150,000 (for all incentives combined). Applications will be accepted and subsidies will be allocated on a first come first served basis. Productions currently based in the City of Santa Clarita will be given first priority.
Hotel Occupancy Tax Relief Available: Yes
Sales Tax Relief for Productions Available: No

Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget.

Tax Credits - San Francisco, California

www.filmsf.org
Qualifying productions are eligible for a refund of all payroll tax and city fees up to $600,000 per production.
Feature Films, TV Series episodes and pilots are all eligible for the program. For budgets under $3 million, 55% of principal photography must take place in San Francisco. For budgets of $3 million or more, 65% of principal photography must take place in San Francisco

Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget.

Tax Credits - California

http://film.ca.gov/Incentives/
The program is now fully subscribed through the current fiscal year (July 2009 - June 2010). The CFC is maintaining a waiting list for projects that wish to apply, pending any credits that may become available prior to June 30th. Applicants that wish to apply for the waiting list may want to call the CFC to determine the length of the list and the potential for available credits.
Applications for the next fiscal year's credits (July 2010 - June 2011) will be accepted beginning on June 1, 2010. Any projects on the waiting list will need to reapply to be eligible for the new fiscal year's allocation.
Prior to submitting an application, all applicants should review the guidelines, regulations and all required documents and forms to become familiar with the procedures. All applicants should consult with their legal and financial advisors regarding utilization of the tax credits.
The following is a brief description of the program parameters:
How the Tax Credit Works
Qualified taxpayers are allowed a credit against income and/or sales and use taxes, based on qualified expenditures, for taxable years beginning on or after January 1, 2011. Credits applied to income tax liability are not refundable. Only tax credits issued to an "independent film" may be transferred or sold to an unrelated party. Other qualified taxpayers may carryover tax credits for 5 years and transfer tax credits to an affiliate.
What Types of Productions Qualify for the Program?
To apply for the California Film and Television Incentive Program, a "qualified motion picture" must be one of the following:
(Eligible for 20% Tax Credit):
Feature Films ($1 million minimum - $75 million maximum production budget)
Movies of the Week or Miniseries ($500,000 minimum production budget)
New television series licensed for original distribution on basic cable ($1 million minimum budget; one-half hour shows and other exclusions apply)
(Eligible for 25% Tax Credit):
A television series, without regard to episode length, that filmed all of its prior seasons outside of California.
An "independent film" ($1 million - $10 million budget that is produced by a company that is not publicly traded and that publicly traded companies do not own more that 25% of the producing company.)
A "qualified motion picture" must also meet the following conditions:
75% test (production days or total production budget) in California
Application must be submitted at least 30 days prior to commencement of principal photography
Once an application is approved, principal photography must begin within 180 days
How much was allocated to the program?
$100 million annually beginning fiscal year 2009/2010 through fiscal year 2013/2014
A minimum of $10 million of the annual funding is available for independent films each year

* Principal photography of the qualified motion picture commences after the date on which the application is approved by the California Film Commission, but no later than 180 days after the date of that approval.

Remember to exclude the tax credit from your film budget.

Check QuickFilmBudget.com for a sample film budget.

Tax Credits - Arkansas

http://arkansasedc.com/arkansas-film-commission.aspx
To qualify for this rebate, a production company shall spend at least fifty thousand dollars
($50,000) within a six‐month period in connection with the production of one (1) project.

Upon approval of the application by the Commission, the production company shall be
eligible for a rebate on all qualified production costs in connection with the production of a
state‐certified film project.

The amount of the rebate shall be fifteen percent (15%) of all qualified production costs
associated with the production of a state‐certified production.

An approved production company may also receive an additional rebate of ten percent
(10%) for the payroll of below‐the‐line employees involved in the production who are full‐
time residents of Arkansas.
In addition to the production rebate and post‐production rebates, the employment rebate
also entitles a state‐certified production company for benefits of employing full‐time
residents of Arkansas for which the company has submitted a Certified Declaration of
Arkansas Residency form with the Commission.
1. The employment rebate authorizes a rebate of ten percent (10%) for the aggregate
payroll of salaries and wages to Arkansas residents who are below‐the‐line employees of
the state‐certified production.

2. If a production company hires a payroll service company to handle the payroll of a
production, the payroll payments shall be allowed as eligible expenditures provided:
(A) Payments made by the production company to the payroll service company are
paid through an Arkansas financial institution account; and
(B) All eligible income payments to employees and independent contractors done
through the payroll service are to Arkansas residents.

3. The salary for an employee whose salary is equal to or greater than five hundred
thousand dollars ($500,000), shall be excluded from eligibility for either rebate.


Remember to exclude the tax credit from your film budget.

Check QuickFilmBudget.com for a sample film budget.

Tax Credits - Arizona

http://www.azcommerce.com/Film/Incentives/Production+Mopic.htm
A qualified company may realize the following tax savings:
TPT exemptions of approximately 6% off of purchases.
Use tax exemptions of approximately 5% off of out-of-state purchases.
Income tax credits equal to 20% or 30% of the company's investment in eligible Arizona production costs.

Remember to exclude the tax credit from your film budget.

Check QuickFilmBudget.com for a sample film budget.

Tax Credits - Alaska

http://www.film.alaska.gov/incentive_program.htm
Base Credit 30% -Production expenditures must be made in Alaska.
Alaska Hire + 10% -Wages paid to Alaska residents receive an additional 10% credit.
Seasonal+ 2% - Production expenditures made between Oct. 1 and Mar. 30 receive an added 2% credit.
Rural Location+ 2% -Production expenditures made in a rural area also receive an added 2% credit.
Maximum Possible Credit 44% Portions of a production with an Alaskan crew, filmed in rural Alaska between October and March.

Remember to exclude the tax credit on your film budget.

Check QuickFilmBudget.com for a sample film budget.

Tax Credits - Alabama

http://alabamafilm.org/filmakerincentives.htm
On March 24, 2009 Governor Bob Riley signed into law the Entertainment Industry Incentive Act of 2009. A qualified production company shall be entitled to a 25% rebate of all state certified expenditures and 35% of all payroll paid to residents of Alabama for the state certified production. Production expenditures for a project must equal or exceed at least $500,000 but must not exceed $10,000,000.
Currently the incentive fund available is $7,500,000 for fiscal year 2010 and $10,000,000 for subsequent years.

Remember to exclude the tax credit in your film budget.

Check QuickFilmBudget.com for a sample film budget.