Minnesota Tax Credits
Key Success Factors
Application
Tax credit: at least 30 days prior to production / Rebate: no later than 5pm the day before set review dates (see website)
Spend Requirements
$1,000,000 tax credit / $100,000 rebate respectively
CPA Audit Required?
Yes
Loan-Out:
Registration/Withholding
Registration/Withholding
Yes / Yes
Residency
Both resident and non-resident BTL qualify / ATL talent only
Program Limits
Production Cap
$5,000,000 per production
Program Cap
$24,950,000 tax credit. Sunsets 1/1/2031.
$500,000 rebate program respectively.
$500,000 rebate program respectively.
Payroll Cap
$500,000 per hire
Program Highlights
Tax Credit Type
Transferable Tax Credit / Discretionary Rebate
Tax Credit Amount
15-25% tax credit / 20-25% rebate
Questions about the Minnesota Motion Picture Tax Credits Program?