Film, Television And Digital Entertainment Tax Credit
Film, television and digital entertainment tax credits of up to 30 percent create significant cost savings for companies producing feature films, television series, music videos and commercials, as well as interactive games and animation.
Georgia’s Entertainment Industry Investment Act provides a 20 percent tax credit for companies that spend $500,000 or more on production and post-production in Georgia, either in a single production or on multiple projects.
The state grants an additional 10 percent tax credit if the finished project includes a promotional logo provided by the state. If a company has little or no Georgia tax liability, it can transfer or sell its tax credits.
In an interview with Variety magazine, Broderick Johnson, producer of “The Blind Side,” said, “The magnitude of Georgia’s tax break is one of the best, if not the best in the country.” Johnson’s award-winning film was one of hundreds of projects shot in Georgia in recent years.
Category: State Incentives, Tax Credits
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