Alabama Tax Credits
Key Success Factors
Application
Productions must be pre-approved by the State and applications must be filed at least 30 days prior to the start of activities. Approval is on a case by case basis
Spend Requirements
$500,000
CPA Audit Required?
Yes
Loan-Out:
Registration/Withholding
Registration/Withholding
No / No
Residency
Non-residents can qualify, if taxes withheld
Program Limits
Production Cap
$20,000,000
Program Cap
$20,000,000 per fiscal year
Payroll Cap
$1,000,000 on ATL; $500,000 on BTL per hire
Program Highlights
Tax Credit Type
Refundable tax credit
Tax Credit Amount
25% for qualified in-state spend; 35% for qualified resident labor
Questions about the Alabama Motion Picture Tax Credits Program?