shot in Georgia in fiscal year 2010, with an economic impact of over $750 million.
are not affected by the outcome of the production or liabilities created by the production.
These projects create jobs, increase tourism, and deliver millions of dollars into the state and local economies.
Welcome to your information source for Georgia Entertainment Tax Credits!
Entertainment Industry in Georgia
Currently Georgia is among the top five states in terms of entertainment production expenditures. This is a direct result of tax incentives that offer competitive tax credits to producers and have generated gross qualified investments in the state totaling more than $2.4 billion. A recent study commissioned by the Motion Picture Association of America (MPAA) shows the Film Tax Credit program creates film-induced tourism spending estimated at $429 million and generating $33 million in state and local tax revenues. The same study also found the program returns $1.24 in state and local taxes for every $1.00 spent.*
These generous incentives offered to the entertainment industry allows individuals and corporations to take advantage of these tax credits by purchasing them at a discount, typically 85%-90% below face value.
Because of our experience working with buyers and sellers, we have high quality, guaranteed credits available for use by companies and individuals to reduce their tax liabilities. These credits are available in amounts as low as $10,000 and up to $5-$10 million bundles.
(*Figures provided by Georgia Film, Music & Digital Entertainment Office, a Division of the Georgia Department of Economic Development)
Purchasing Tax Credits: The Basics
- Purchasers get a direct dollar-for-dollar offset against Georgia income taxes which can be carried forward five years to be applied against future Georgia income taxes.
- The available credits may be purchased by single or multiple buyers.
- The taxpayer does not buy any interest in the production itself and, therefore, is not affected by the outcome of the production or liabilities created by the production.
- These credits are simple and easy to apply with predictable delivery dates.