North Carolina Tax Credits
Key Success Factors
Application
Applications must be filed prior to principal photography. A committee will review and approve/reject the application.
Spend Requirements
$250,000
CPA Audit Required?
Yes
Loan-Out:
Registration/
Withholding
Registration/
Withholding
No / 4%
Residency
Both resident and non-residents qualify
Program Limits
Production Cap
$250,000 per production
Program Cap
$31,000,000 per fiscal year (July 1-June 30). No sunset date.
Payroll Cap
$1,000,000 per hire
Program Highlights
Tax Credit Type
Grant
Tax Credit Amount
25%
Questions about the North Carolina Motion Picture Tax Credits Program?
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