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New State of Louisiana Tax Incentives Summary as of July 2015:

NEW ...

Get up to 30% back on your production expenditures in Louisiana and an additional 10% on your Louisiana resident Labor

 

The Motion Picture Investor Tax Credit provides state-certified motion picture productions with a 30 percent transferable tax credit on eligible in-state expenditures. The 2015 Legilative Session produced several bills that impact the Louisiana Motion Picture Incentive Program. We are committed to providing the most current information regarding the tax credit program. The link below will give you an overview of the changes and when they become effective. Stay tuned for more information as it is received from the State's Office of Film an Entertainment

Local Film Incentives - City of Shreveport and Caddo Parish

2.5% sales tax rebate - based on expenditures within Shreveport's city limits (application process and rules apply)

1.5% sales tax rebate - based on expenditures within Caddo Parish (application process and rules apply)

"Shreveport-Bossier offers many looks and can double for a variety of cities. In addition, the crew base is on par with the top crews throughout the country and Canada. I also feel that the local community embraces the film industry, which makes for a very nice working environment."
- Matthew F. Leonetti, A.S.C.

Helpful Information:

Businesses in the entertainment industry may also qualify for other incentive programs, whicha are offered by the State of Louisana. The link below will take you to the Louisiana Economic Development site for further information:

Source: Louisiana Economic Development

City of Shreveport - Local Incentives as of May 2009

FILM INDUSTRY INCENTIVES

  1. Incentives
    a. The City of Shreveport offers economic incentives to the film industry in the form of rebates of sales taxes paid on lodging, lease, rental and other production expenditures made in City of Shreveport, including but not limited to sound stage or location leases and post production costs.
    b. For the purposes of this resolution,
    1. The term “film industry” shall mean film and television productions, television commercials, and music videos.
    2. The term “post production” shall mean work required for creating the final product, including but not limited to editing, sound, audio, music, special effects, and other related activities.
    c. Incentives are subject to the production company entering into a contract with the City of Shreveport relative to the incentive payments.
  2. Incentive Funding Caps:
    a. Basic Cap- $150,000.00 total to any individual project or production for new productions by a production company which has not previously received any City of Shreveport incentives, or which has not done a production in Caddo Parish within the last twelve months.
    b. Subsequent Productions- $165,000.00 for a production company which brings a subsequent production to Caddo Parish within twelve months of completion of the prior project.
    c. The funding cap shall be increased by $10,000 for productions which utilize a Caddo Parish-based post production company.
  3. Requirements for Rebate:
    a. Production must either:
    1. Have its production office located within Caddo Parish, or
    2. Utilize a soundstage located within Caddo Parish, and;
    b. Have acceptable expenditures of the type listed in paragraph 4, paid within Caddo Parish, amounting to at least $300,000.00.
    c. In order to qualify for the enhanced subsequent production cap, both the original and the subsequent production must meet the criteria listed in 3.a. and 3.b.
  4. Expenditures
    a. Productions meeting the above requirements will be eligible for incentive payments equal to the City of Shreveport sales taxes paid on the following expenditures:
    1. LODGING for cast and crew incurred in the City of Shreveport.
    2. LEASE OR RENTAL EXPENSES, including all lease or rental expenses for equipment, automobiles, sound stage, location or production offices paid for a site in the City of Shreveport.
    3. OTHER PRODUCTION AND POST PRODUCTION EXPENSES, including purchases of materials and supplies, related to the production of the project and post production.
    b. For the purposes of this section, the term “City of Shreveport sales taxes” means sales taxes levied by the City of Shreveport, excluding the portion of the sales taxes dedicated by law or debt obligations to another purpose.
    c. Payment and eligibility for incentives shall be subject to such reasonable rules and regulations as determined by the City of Shreveport Film Office.
  5. Application process
    a. Upon executing a lease or rental agreement, applicant should contact the City of Shreveport Film Office to begin the prequalification process. Film industry incentives are administered by, and all determinations of eligibility will be made by, the City of Shreveport Film Office.
    b. The application shall include all information required by the City of Shreveport Film Office, including but not limited to:
    1. Total projected budget,
    2. Estimated total of expenditures eligible for the sales tax rebate,
    3. Estimated room nights,
    4. List of vendors and services likely to be utilized.
    c. If the application is approved by the City of Shreveport Film Office, the production company shall enter into an agreement with the City of Shreveport for the incentive payments.
    d. When the production efforts in the City of Shreveport are completed, applicant may apply for payment. Payment must be requested no later than 180 days from the completion of production. Payment will be made after the city has reviewed and, if necessary, audited the expenses in the application.
    e. Payment of incentives is subject to funding as follows. The City of Shreveport will appropriate funds for incentive payments in an amount determined by the City Council and adopted in a budget ordinance. The Mayor will be authorized to execute agreements for incentive payments up to the amount of the incentives authorized herein, until all appropriated funds have been expended or encumbered by the execution of agreements. Once funds appropriated in a fiscal year have been expended or encumbered, no further incentive agreements will be executed for that fiscal year, unless additional funds are appropriated for that purpose. In the event an agreement is entered into for a production extending into a future fiscal year, the agreement will include a non-appropriation clause, making incentive payments in future years for that production subject to the appropriation of funds for that purpose.
    f. This incentive program applies to expenditures in the City of Shreveport for productions begun after the effective date of these provisions. For the purposes of the enhanced, subsequent cap, the original production may have already begun, but must still be on-going, at the time of the adoption of these provisions.