Monday, March 1, 2010

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.

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