http://www.wyomingfilm.org/ViewPage.aspx?PageId=354736
The Film Industry Financial Incentive (FIFI) program is a cash rebate program for production companies of up to 15% on dollars spent in the State of Wyoming during a film shoot. The production company would have to spend a minimum amount of $200,000 to qualify and then meet additional criteria to determine the rebate percentage between 12%-15%.
Qualified expenditures generally include, but are not limited to:
-Wages, salaries, or other compensation for technical and production crews, directors, producers, performers and extras who are residents of this state.
-Expenditures on goods and services made in Wyoming for the following, providing that each company which provides goods or services is located and doing business in Wyoming:
preproduction, production, post-production, digital media effects services, sets, and set construction.
rental equipment, including, but not limited to, cameras and grip or electrical equipment.
meals, travel, accommodations, and goods used in producing filmed entertainment that is located and doing business in this state.
Rebate percentage between 12% and 15% based on the following criteria:
-Providing a storyline that is set in Wyoming (full 15% rebate)
-Providing additional Wyoming behind the scenes footage highlighting Wyoming locations used in the project (up to 14% rebate)
-Using Wyoming props and product placement (up to 13% rebate)
-Providing a clear statement in the credits that the product was filmed in Wyoming (minimum 12% rebate)
-Other promotional opportunities that provide Wyoming tourism value could be negotiated to determine rebate percentage.
Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget!
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