georgia film tax credit broker

48-7-4026 to further entice. Qualifying Projects 20 tax credit is provided for companies that spend 500K or more on production and post production in Georgia.

How Film Producers Save Big Bucks In Georgia Atlanta Magazine

In 2008 Georgia passed OCGA.

. Georgia Film Office director Lee Thomas called the update. The Strategic Group is an experienced and trusted partner in Georgia entertainment tax credits with relationships with some of the largest productions. The credit would offset the Georgia liability of 600 while 400 of the credit would carry forward to the subsequent tax year.

Stonehenges Tax Credit Services team focuses on a variety of investment opportunities through federal and state incentive programs that are designed to stimulate private capital investment. An audit is required prior to utilization or transfer of any earned Georgia film tax credit that exceeds 25 million in. The Georgia Department of Revenue GDOR offers a voluntary program.

These entertainment tax credits can be used to offset state income tax. Georgia offers remarkable incentives for post houses and producers of filmed entertainment tv spots eSports and video games. For example in 2005 Georgia approved the Film Tax Credit to generate revenue and entice film producers to come to the state.

An additional 10 credit can be obtained if the. The state of Georgia offers tax credits of up to 30 percent of film and entertainment project expenditures as an incentive to encourage producers to invest in the state and contribute to its. Entertainment Film Credits.

State Tax Incentives brokers the sale of state entertainment tax credits from film production studios to taxpayers. These incentives come in the form of tax credits that can be. The broadening of this legislation permits a Georgia corporate fiduciary or individual taxpayer to purchase these credits to offset their Georgia income tax liability.

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