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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 Maryland, USA, including Baltimore, Colombia, Severna Park, Chevy Chase and Brookeville.

USA

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

Type of Incentive
25%–27% Refundable Tax Credit
Maximum Benefit

25% refundable tax credit (27% maximum with bonus).

Bonus: 2% for qualified TV series, including pilots or miniseries.

AS OF JULY 31, 2015: ALLTAX CREDITS HAVE BEEN RESERVED: NO APPLICATIONS OR LETTERS OF INTENT WILL BE ACCEPTED AT THIS TIME

Compensation and Project Caps/ Funding Per Year

Program is administered on a first-come, first-served basis. However, priority given to returning episodic series. Contact Film Office for details.

Annual Cap: $7.5M (FYE 6/30/2015 and 6/30/2016).

Project Cap: None.

Comp Cap: $500K per individual and includes other comp such as per diem, housing, travel, meal, car, kit, relocation, etc. Credits not allocated during a fiscal year may be carried forward and issued for a subsequent fiscal year.

What Qualifies

Total net costs incurred in Maryland that are necessary to carry out the film production activity, including resident and non-resident employee wages and benefits, fees for services, acquiring or leasing property, and any other expense necessary to carry out a film production activity (including insurance). Payments to out-of-state vendors qualify if services incurred or items used in MD.

Sunset/Review
2016-06-30 00:00:00
Application Considerations

Production company registration is not required. An application and additional document forms must be submitted and a draft engagement letter must be approved before beginning any film production. Approval within 30 days. Principal photography must begin with 120 days of receiving approval/ letter of intent. Applications reserving tax credits will be accepted on a first- come, first-served basis.

Application Considerations

CPA review/agreed-upon procedures required before final authorization of tax credit certificate from MD. Final applications and documentation must be submitted within 180 days of wrap date. If tax credit exceeds tax due for that taxable year, the excess will be refunded.

Loan-Out Company Considerations

Registration: None.

Withholding: Production companies are not required to withhold from loan-out companies. However, loan-outs are subject to all applicable MD laws, including withholding requirements. Production company must provide Film Office with list of loan-out companies paid in connection with the film activity.

Crew Base Considerations

More than 650 IATSE members, more than 3K SAG members. Crew directory available.

Is Mappable
No
Has Incentive Program
No
You Should Know

A television series shooting its first season in MD may submit an application for additional funding for the second season after 50% of principal photography for the first season is completed. Based on review of the application, future tax credits for the second season may be reserved.

Screen Credit Required
No
Project Criteria

Minimum spend = $500K; >= 50% of principal photography must be in-state.

Commissioner

Maryland Film Office | www.maryland.org
Jack Gerbes, Director | Phone: 410.767.6340 | filminfo@marylandfilm.org


Additional Benefit

Name
Sales and Use Tax Exemption

Bonus

TV Series
0.02%

Cap

Annual
7500000
Comp
500000

Minimum Spend

Amount
500000

Features

Soundstages
Yes
Post Facilities
Yes
Water Tank
No
Beach
No
Bridges
Yes
Big City
No
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
No
Commercials
Yes
Documentaries
Yes
Feature Films
Yes
Game Shows
No
Industrials
Yes
Infomercials
Yes
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
Yes
Visual Effects
Yes
Webisodes
Yes

Proposed Legislation

Identifier
Md. TAX-GENERAL Code Ann. § 10-730

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.

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