Tuesday, May 4, 2010

Tax Credit - Rhode Island

http://www.film.ri.gov/
The state of Rhode Island offers transferable tax credit of 25% of qualifying spend on the film in the state of Rhode Island. There is an annual cap on spend of $15,000,000 but there is not a per project cap. To qualify, you must spend at least 51% of principal photography in the state with a minimum budget of $300,000.
Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget!

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