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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 South Carolina, USA, including Columbia, North Charleston, Charleston and Beaufort.

USA

Tax Incentives - Useful tax information for filming in South Carolina, USA

Type of Incentive
20%–30% Cash Rebate/Tax Credit
Maximum Benefit
  • 20%-25% wage rebate (20% non-resident, 25% resident)

  • 30% South Carolina supplier rebate

  • 20% Motion Picture Project Tax Credit (MPPTC)

  • 20% Production/Post-Production Facility Tax Credit (P/PPTC)

Compensation and Project Caps/ Funding Per Year

Incentive programs are not administered on a first-come, first-served basis. Projects receive priority and approval based on information contained in the application and other criteria.

Annual Cap: $10M for wage rebate and 26% of admissions tax collected for previous year for the supplier rebate; approximately $16M of funding available for fiscal year 2015.

Project Cap: None.

Comp Cap: None, but any salary >= $1M excluded.

  • For 20% Motion Picture Project Tax Credit: $100K per taxpayer.

  • For 20% Production/Post-Production Facility Tax Credit: total credits claimed by all taxpayers may not exceed $5M in a single qualified facility. Minimum investments in the facilities apply, contact Film Office.

What Qualifies

Generally, compensation for each resident and non-resident earning less than $1M subject to income tax withholding counts toward the wage rebate. Payments to local vendors if product or service is taxable in SC count toward the supplier rebate.

MPPTC: Cash investment in the development or production of a single SC motion picture.

P/PPTC: Costs for the construction, conversion, or equipping, or any combination of these activities of a motion picture production or post-production facility.

20% Motion Picture Project Tax Credit: Cash investment in the development or production of a single SC motion picture.

20% Production/Post-Production Facility Tax Credit: Costs for the construction, conversion, equipping, or any combination of these activities of a motion picture production or post-production facility. Minimum investments in the facilities apply.

Application Considerations

Production company registration is required. Fee = $500. Productions must apply 60 days prior to filming, and productions must be approved (response <= 15 days). Application must be stamped; no faxes or email.

Application Considerations

SC provides auditor free of charge, and audit review occurs throughout the production. Rebate check provided approximately 30 days upon completion of state audit and compliance check.

Loan-Out Company Considerations

Registration: Yes, if loan-out opts to perform withholding required for the individual's wages.

Withholding: Yes, if loan-out opts to not register and withholding taxes, then payroll company required to withhold taxes of 2%.

Crew Base Considerations

Crew base of 1.5 crews. SC and NC are covered under the same IA, and crewmembers from either state work under a stipend agreement. South Carolina is a right-to-work state.

Is Mappable
No
Has Incentive Program
No
You Should Know

Credit Limitations:

  • MPPTC: All SC credits cannot reduce a taxpayer's income tax liability by > 50%.

  • P/PPTC: All SC credits cannot reduce a taxpayer's income tax liability by > 50%.

Sales And Use Tax Exemption: Must expend >= $250K within a consecutive 12-month period.

Screen Credit Required
No
Project Criteria

Minimum local spend >= $1M during tax year. For 20% Production/Post-Production Facility tax credit: minimum investment in production facility = $2M (exclusive of land costs) or minimum investment in post-production facility = $1M (exclusive of land costs). Contact Film Office.

Commissioner

South Carolina Film Commission | www.filmsc.com Tom Clark | Phone: 803.737.0498 | tclark@scprt.com


Additional Benefit

Name
Sales and Use Tax Exemption
Name
Hotel Tax Exemption

Minimum Spend

Amount
1000000

Features

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

Expenditure

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

Qualified Compensation Expenditures

Animation
No
Award Shows
No
Broadway
No
Commercials
Yes
Documentaries
No
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
No
Scripted Shows
Yes
Soundtrack
Yes
Sporting Events
No
Talk Shows
No
Trailers
Yes
Visual Effects
Yes
Webisodes
No

Proposed Legislation

Identifier
South Carolina Code of Laws Unannotated §12-62; S.C. Code Ann. §12- 6-3570

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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