NY State Film Tax Credits
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