Kemps | KFTV

Find international production companies, services and crew

in

Categories:

View all

Companies:

View all
/

Locations:

View all

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 Illinois, USA, including Chicago, Orland Park, Plano, Barrington and Arlington Heights.

USA

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

Type of Incentive
30%–45% Transferable Tax Credit (NEW APPLICATION APPROVALS CURRENTLY DEFERRED)
Maximum Benefit

30% transferable tax credit (45% maximum with bonus).

Bonus: 15% of the Illinois labor expenditures generated by the employment of residents of geographic areas of high poverty or high unemployment (currently 10.654% unemployment or higher) if the aforementioned earn at least $1,000 including wages and benefits.

Compensation and Project Caps/ Funding Per Year

There is no funding cap. All qualifying projects are eligible for the tax credit. The Governor has temporarily deferred the approval of all new film tax credit applications. Submission of applications are still required for consideration of qualifying.

Annual Cap: None.
Project Cap: None.
Comp Cap: $100K per resident employee.

What Qualifies

Generally, expenses directly incurred for the production from the final script stage through the end of post-production, including, but not limited to salaries and wages for residents and payments to Illinois vendors.

Sunset/Review
2021-05-05 00:00:00
Application Considerations

Production company registration is not required. Applicationmust include a.) diversity plan, b.) Competitive Need for Credit statement, and c.) disclosure of plan (if any) to participate in any training, education, and recruitment programs. Application for commercials must be received 24 hours prior to shooting. Film and television must be received five (5) business days prior to shooting. Film credit applicant must own the copyright of the production throughout the Illinois production period or the applicant must have contracted directly with the owner of the copyright of the production, or a person acting on behalf of the owner, to provide services for the production, where the owner of the copyright is not an eligible production corporation.

Application Considerations

Submit unqualified opinion of tax credit from an independent CPA after project completion but no later than two years following completion of production in Illinois. Verification needed that applicant met or made good-faith efforts in achieving goals of a diversity plan.

Loan-Out Company Considerations

Registration: None.

Withholding: None.

Crew Base Considerations

Large professional crew base and production facilities primarily located int he metro Chocago area.

Is Mappable
No
Has Incentive Program
No
Screen Credit Required
No
Project Criteria

Minimum spend > $50K for productions < 30 minutes OR > $100K for productions >= 30 minutes. Applicant must incur minimum spend in the 12-month period after the commencement of principal filming or taping of the production.

Commissioner

Illinois Film Office | www.film.illinois.gov
Cesar Lopez, Tax Credit Manager | Phone: 312.814.3600 | film@illinois.gov


Additional Benefit

Name
Hotel Tax Exemption

Bonus

Labor Expenditures
0.15%

Cap

Comp
100000

Minimum Spend

Amount
50000
Amount
100000

Features

Soundstages
Yes
Post Facilities
Yes
Water Tank
No
Beach
Yes
Bridges
Yes
Big City
Yes
Desert
No
Mountains
No
Historical Architecture
Yes
Southern
No
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
No
Broadway
Yes
Commercials
Yes
Documentaries
Yes
Feature Films
Yes
Game Shows
No
Industrials
No
Infomercials
No
Interactive Media and Video Games
No
Music Videos
Yes
News
No
Post-Production
Yes
Reality Shows
Yes
Scripted Shows
Yes
Soundtrack
Yes
Sporting Events
No
Talk Shows
No
Trailers
No
Visual Effects
Yes
Webisodes
Yes

Proposed Legislation

Identifier
14 Ill. Adm. Code 528
Identifier
35 ILCS 16

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.