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NY State Film Tax Credits

New York New York

New York New York (Photo credit: aftab.)

From NPI Entertainment Payroll, Inc. : The New York State Film Production Tax Credit program provides qualifying film and television productions a 30% credit for qualified production expenditures. All eligible productions shot in New York City may qualify for this program. In April 2013 new legislation extended the program through 2019, allocating $420 million per year.Additionally, the New York State Post Production Tax Credit provides 30% savings on qualified post-production expenses, for productions that do their post production in New York City, but are not eligible for the film production tax credit program. To learn more about these credits, contact the New York State Governor’s Office for Motion Picture and Television Development at 212-803-2328 or visit the website at www.nylovesfilm.com. To learn more about the City’s unique “Made in NY” Marketing Credit incentive, available for “Made in NY” projects with distribution, click here.

Visit NPI Entertainment Payroll’s blog for info for other US States

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About Winter Film Awards

Winter Film Awards (WFA) is a volunteer-run and operated celebration of the diversity of local and international film-making. Our Mission is to recognize excellence in cinema and to promote learning and artistic expression for people at all stages of their artistic careers with a focus on nurturing emerging filmmakers and helping them gain recognition and contacts to break into this difficult industry. We pride ourselves on our diverse collection of Festival selections, allowing our audience to enjoy films they normally wouldn’t think to seek out. WFA is a minority- and women-owned registered 501(c)3 non-profit organization.

Posted on May 17, 2014, in Filmmaking Tips & Advice and tagged , , . Bookmark the permalink. 1 Comment.

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