Pennsylvania Tax Credits
Key Success Factors
Application
Applications will be accepted no sooner than 90 days prior to the start date of principal photography
Spend Requirements
60% of the budget (including post production) must be expended in State
CPA Audit Required?
Yes. Audit fees can qualify if part of original budget, and audit firm is PA registered.
Loan-Out:
Registration/Withholding
Registration/Withholding
Yes. Must register prior to the beginning of their services / Evidence that the loan out filed & remit PA taxes must be provided
Residency
Both residents and non-residents qualify
Program Limits
Production Cap
20% of annual cap
Program Cap
$100,000,000 annually each July 1
Payroll Cap
$15M cap in the aggregate for ATL salaries paid to a principal actors
Program Highlights
Tax Credit Type
Transferable tax credit
Tax Credit Amount
25-30%
Questions about the Pennsylvania Motion Picture Tax Credits Program?