Tax Credits - Massachussetts

http://www.mafilm.org/tax-credits/
3 Types of Tax Credits:

1. Sales & Use Tax Exemption
2. Transferable 25% Payroll Credit
3. Transferable 25% Production Expense Credit

Minimum spend of $50,000.
Massachusetts is also the only state in the country that allows filmmakers to take their credits either as a direct rebate at 90% of the face value (guaranteed), or to sell them at market rate—whichever is more favorable.
Remember to exclude the tax credit from your from film budget.
Check QuickFilmBudget.com for a sample film budget!