http://www.njfilm.org/
20% TAX CREDIT PROGRAM FOR FILMMAKERS
New Jersey offers a tax credit in an amount equal to 20% of qualified production expenses, available to production companies meeting certain criteria, chiefly:
(1) At least 60% of the total expenses of a project, exclusive of post-production costs, will be incurred for services performed and goods used or consumed in New Jersey.
(2) Principal photography of a project commences within 150 days after the approval of the application for the credit.
Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget!
Tuesday, April 20, 2010
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