25-30% Transferable Tax Credit
30% tax credit for PA Post Production completed in a PA Qualified Post Production Facility.
Minimum Spend: 60% of production
Compensation Cap: $15M(ATL)
25% on qualified expenditures including, but not limited to:
Labor (resident and non-resident)
Workers Comp/Handling Fees
Travel (in-state only)
Shipping (in-state only)
5% for using a qualified production facility and meeting minimum staging requirements.
Annual Cap: $65M
Sunset Date: None
Screen Credit: Yes
CPA Audit: Yes
Carry Forward: 3 Years
Loan-out Registration: Yes
Application must be filed 90 days before start of principal.
Application fee for productions spend > $1M = 00.20% of estimated tax credit ($10K Cap.)