| Benefit as a % of spend | 25.00 |
| Financial cap per production | 5000000 |
| 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? | No |
| 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? | No |
| Criteria to access the benefit | - - Minimum spend 500000 (in local currency)
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| When will the benefit/incentive be received? | - - On submission of audited accounts
- - End of national fiscal year
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| Additional incentives or advantages | - - Payroll tax rebate of 35% paid to Alabama residents.
Exemptions to amounts of Production Expenditures required for incentives:
- Soundtracks: A Qualified Production Company must incur total Production
Expenditures of at least $50,000, but no Rebate shall be available for Production
Expenditures in excess of $300,000.
- Music Videos: A Qualified Production Company must incur total Production
Expenditure of at least $50,000, but no Rebate shall be available for Production
Expenditures in excess of $200,000.
Productions that expend an aggregate of USD150,000 or more in connection with a qualified production within a 12 consecutive month period are also exempt from state sales, use and lodging taxes.
Tax Exemption Certificate.
Financial cap per year is $20,000,000.
The incentive will be received following the tax year.
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