Incentive:
20-25% tax credit for all crew, depending on the production budget, 30% for below-the-line residents, and 20% to all other staff.
Annual Cap: $330,000,000
Project Cap: $25,000,000
More Info:
New television series, television pilots, non-independent feature films, miniseries, and movies-of-the-week are all eligible for 20% non-transferable California film production tax credits. At least 75% of their budget must be spent in the state to qualify for California’s tax incentives. If the production company has a budget of above $10M, they can apply for 25% film production tax credits.
Applying for the credit?
Get Free Template
Use our budget template to add qualified expenses to the proper chart of accounts as required by the state.
