South Carolina Tax Credits
Key Success Factors
Application
Productions must register with the State at least 15 days prior to start of principal photography
Spend Requirements
$1,000,000
CPA Audit Required?
No. SC Department of Revenue performs an audit and verification of compliance.
Loan-Out:
Registration/
Withholding
Registration/
Withholding
Yes / None
Residency
Both residents and non-residents qualify
Program Limits
Production Cap
None
Program Cap
$15,500,000 minimum available each fiscal year (July 1-June 30)
Payroll Cap
$1,000,000 per individual
Program Highlights
Tax Credit Type
Rebate
Tax Credit Amount
20-30%
Questions about the South Carolina Motion Picture Tax Credits Program?
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