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.