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Incentives
INVESTOR TAX CREDIT
Louisiana state law grants a tax credit against state income tax for taxpayers
domiciled and headquartered in Louisiana. The objective of this tax credit
is to attract private investment for the production of nationally distributed
feature length films, videos, television programs, or commercials made in Louisiana,
in whole or in part for theatrical or television viewing or as a television
pilot. The investor shall earn the tax credit at the time of such investment.
- If the total base investment is greater than $300,000,
each investor shall be allowed a tax credit of 25% of the
actual investment made by that taxpayer.
EMPLOYMENT / LABOR TAX CREDIT
The new law provides that a motion picture production company
is entitled to a tax credit for the employment of Louisiana
residents in connection with production of a nationally
distributed motion picture, video, television series, or
commercial made in Louisiana, as certified by the state
of Louisiana.
- The credit is equal to 10% of the total aggregate payroll
for residents employed in connection with such production.
However, if the payroll to any one person exceeds $1,000,000,
this additional credit shall exclude any salary for that
person that exceeds $1,000,000.
INFRASTRUCTURE TAX CREDIT
Until January 1, 2008, if the total base investment is greater
than $300,000, each tax payer shall be allowed a tax credit
of 40% of the base investment made by that taxpayer that
is expended in this state on a state-certified infrastructure
project as certified by the Governor’s Office of
Film and Television Development, the Department of Economic
Development, and approved by the division of administration.
Click HERE to print application form (PDF)
Or visit www.lafilm.org/incentives to
learn how to apply or get more information.
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