15-22.5% Tax Credit
Annual Cap: $75 million in 2023, set to grow to $125 million by 2025.
Project Cap: None
The Arizona Motion Picture Production Program goes into effect in 2023. To be eligible for the tax credit, producers must shoot their film or television show primarily in Arizona, conduct pre- and post-production in the state, and hire Arizona workers to work as crew in the production. An extra 2.5% tax credit on production labor costs is provided for positions held by Arizona residents. The program also provides cash refunds for production companies if the credits are larger than the amount of taxes paid in Arizona.
Applying for the credit?
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Use our budget template to add qualified expenses to the proper chart of accounts as required by the state.