UNITED STATES OF AMERICA FILMING INCENTIVES

The North Carolina Film Incentive

Overview

Type of incentiveTax Credit
Qualifying formats
  • - Feature film - fiction (theatrical)
  • - Feature film - documentary (theatrical)
  • - TV Film or TV series - fiction
  • - TV Film or TV series - documentary
  • - Commercials (TV, theatrical, online)
  • - Post production/special effects for film & tv (fiction)
  • - Post production/special effects for film & tv (non-fiction)
  • - Reality TV
Qualifying productions
  • - National productions
  • - Foreign productions

Specifics

Benefit as a % of spend25.00
Financial cap per production9000000
Do I have to register/set up a company?Yes
Does foreign cast/crew paid in their home country/region qualify as expenditure? No
Do foreign cast/crew have to pay tax in the host country/state/region? Yes
Does travel to/from country/region qualify as expenditure? No
Can a production qualify for other national incentives such as cultural programmes if it qualifies for this incentive? Yes
Criteria to access the benefit
  • - Minimum spend 1000000 (in local currency)
When will the benefit/incentive be received?
  • - On submission of audited accounts
  • - State approx. number of months after completion of audited accounts
Additional incentives or advantages
  • - Rece tour assistance, location finding service
  • - Per Project Cap: - $9 million for video television series per season - $5 million for feature films - $250,000 for commercials Minimum Spend: - $1 million (avg) per episode for television series - $5 million for feature films - $250,000 for commercials Annual cap: - $30 million Payments to loan-out companies are subject to 4% withholding, and this must be paid in order for the production to earn the refundable tax credit. Insurance is a qualified expense. Payroll processing fees paid to an in-state vendor will qualify. Only the taxable portions of per diems qualify for both residents and non-residents. Fringes, per diems and stipends are qualifying expenses.

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