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Find production companies, locations services, film equipment and camera rental companies, post production companies, film crew, and many more production services for your commercial, TV or film production in Georgia, USA, including Atlanta, Fayetteville, Savannah, Duluth and Decatur.

USA

Tax Incentives - Useful tax information for filming in Georgia, USA

Type of Incentive
20–30% Transferable Tax Credit
Maximum Benefit

20% transferable base investment tax credit (30% maximum with bonus) for production companies and qualified interactive entertainment production companies.

Bonus: 10% uplift for including required Georgia promotional logo/end title credit (commercials are not eligible for the bonus).

Compensation and Project Caps/ Funding Per Year

Program is administered on a first-come, first-served basis.

Annual Cap: No caps for production companies. Program funding caps for qualified interactive entertainment production companies and their affiliates with tax years beginning during 2013 ($25M), 2014 ($12.5M), and 2015 ($12.5M).

Project Cap: No project caps for production companies. Cap per qualified interactive entertainment production company/affiliates with tax years beginning during 2013 ($5M), 2014 ($1.5M), and 2015 ($1.5M).

Comp Cap: $500K per salaried employee paid by W-2. No salary cap if payments are subject to 1099 reporting (e.g., personal services contract, loan- out company payments).

What Qualifies

Generally, preproduction, production, and post-production expenditures incurred in GA that are directly used in a qualified production activity, including, but not limited to compensation to residents and non- residents, loan-out companies subject to income tax withholding, and payments to local vendors. Non-Qualifying Costs include but are not limited to post- production expenditures for footage shot outside GA, marketing, story rights, or distribution. Payroll handling fees and workers' compensation insurance qualify if using EP's payroll services because EP has a Georgia office at EUE/Screen Gems Atlanta.

Application Considerations

Production company is required to register for withholding. Submit initial applications no sooner than 90 days before principal and ongoing photography commences (response = 3-5 days).

Application Considerations

Tax credits are typically sold or assigned to an entity that is subject to Georgia corporate or personal income tax. A buyer of a Georgia
tax credit will ask for an AUP report or certificate issued from a Department of Reveue (DOR) voluntary audit to verify credit amount. Regardless if Georgia tax credits are sold or assigned, the production company must report the tax credit by filing a Georgia income tax return, along with properly completed Form IT-FC and supporting schedules. Otherwise, the Georgia DOR will not consider the tax credit valid until tax credit is properly reported with the tax return.

Transfer Considerations: One transfer to one or more transferees. Generally, tax credits that are verified through the Georgia DOR voluntary audit are more marketable than credits verified through a CPA agreed-upon-procedures review (AUP). Georgia DOR requires a production to submit an application and deposit of $5K to $20K, depending on production costs, to be on queue for the voluntary audit. Georgia DOR may recapture film tax credits from an assignee or transferee, so factors affecting pricing for film tax credits could depend on how the credit was verified (Georgia voluntary audit vs. CPA AUP review) and if the production company is financially sound and/or the tax credit has a viable guarantor.

Carry Forward: 5 Years.

Loan-Out Company Considerations

Registration: Refer to regulations issued regarding registration requirements for

production companies and loan-out companies.

Withholding: 6%.

Crew Base Considerations

7,300 crew members deep statewide. Georgia is a right-to-work state.

Is Mappable
No
Has Incentive Program
No
You Should Know

Failure of a loan-out company or its employees to comply with any registration, filing, or reporting obligation imposed by Georgia law shall not affect the film tax credit claimed by the production company or qualified interactive entertainment production company.

*Hotel state tax only exempt on the 91st consecutive day of stay.

EPPS Address

EUE/Screen Gems
175 Lakewood Way #316
Atlanta, GA 30315
Phone: 404.276.4447
Open Monday - Friday 9:00 am to 6:00 pm by appointment and outside normal office hours by special appointment.

TCP Available
No
Screen Credit Required
No
Project Criteria

Minimum spend = $500K. A production company or qualified interactive entertainment production company can aggregate projects over a single tax year to meet the $500K spend requirement (television series, series pilot, or television movie is considered a single television project; for episodic television series, an entire season of episodes is one project).

Commissioner

Georgia Film, Music, and Digital Entertainment Office www.georgia.org/industries/entertainment/production-incentives/

Lee Thomas, Director | Phone: 404.962.4048 | lthomas@georgia.org


Additional Benefit

Name
Sales and Use Tax Exemption

Bonus

Uplift
0.10%

Cap

Comp
500000

Minimum Spend

Amount
500000

Features

Soundstages
Yes
Post Facilities
Yes
Water Tank
No
Beach
Yes
Bridges
Yes
Big City
Yes
Desert
No
Mountains
Yes
Historical Architecture
Yes
Southern
Yes
Tropical
No

Expenditure

In-State Vendors
NA
Out-of-State Vendors
NA
Fringes Paid
NA
Taxes Paid
NA

Qualified Compensation Expenditures

Animation
Yes
Award Shows
Yes
Broadway
No
Commercials
Yes
Documentaries
Yes
Feature Films
Yes
Game Shows
Yes
Industrials
Yes
Infomercials
Yes
Interactive Media and Video Games
Yes
Music Videos
Yes
News
No
Post-Production
Yes
Reality Shows
Yes
Scripted Shows
Yes
Soundtrack
Yes
Sporting Events
Yes
Talk Shows
Yes
Trailers
Yes
Visual Effects
Yes
Webisodes
No

Proposed Legislation

Identifier
O.C.G.A. §48-7-40.26
Identifier
560-7-8-.45
Identifier
159-1-1-.01

These materials have been prepared by Entertainment Partners for informational purposes only and should not be construed as tax advice or relied on for specific projects. Though every effort has been made to remain current, laws and incentives change and, therefore, this information may have been revised. Please contact EP Financial Solutions or your legal or tax advisors to confirm any laws or the effect of incentives on your project.

Copyright © 2019 Entertainment Partners. All Rights Reserved.