Massachusetts Tax Credits
Key Success Factors
Application
For STE: Complete STE form and file with MA DOR prior to start of production. For tax credit: file notice of intent with Film Office. 940 Certification & credit application is filed with DOR once CPA audit is complete.
Spend Requirements
$50,000
CPA Audit Required?
Yes, if spend is over $250,000
Loan-Out:
Registration/Withholding
Registration/Withholding
Yes. Loan out must complete State’s ‘Loan Out Affidavit’ / 5%
Residency
Both residents and non-residents qualify
Program Limits
Production Cap
None
Program Cap
None. No sunset date.
Payroll Cap
$1,000,000
Program Highlights
Tax Credit Type
Transferable or refundable tax credit
Tax Credit Amount
25%
Questions about the Massachusetts Motion Picture Tax Credits Program?