About the Entertainment Tax Credits

Georgia provides a basic 20% incentive tax credit for film, television and video game productions that spend at least $500,000 in a single year. An additional 10% is available if a production includes an animated State of Georgia logo in the titles or credits.

Because the financial incentives come in the form of credits, they have to be sold to a company or an individual that has Georgia taxable income.

The price ranges between $0.89 and $0.92 depending on the seller and the amount of the purchase.

About Georgia Tax Credits

Buyers:

Georgia Tax Credits works with individual and corporate buyers to get the credits you need on a timely basis. Let us know what year you need and the amount. We can sell from $10,000 to $10 million. We also make sure that our credits have been analyzed by a third party CPA firm and our sellers always guarantee their credits. You can buy for your current year liability or buy for a past year and send in an amended return for a refund from the State of Georgia. The tax credits are good for 5 years from the production year.

Sellers:

We work with the largest studios, independent production and leading gaming companies. Our expertise helps you optimize your Georgia spend. We make sure you get your credits sold fast.

*Highlights from the Georgia Entertainment Industry Investment Act include the following:

• 20 percent base transferable tax credit
• 10 percent Georgia Entertainment Promotion (GEP) uplift can be earned by including an embedded Georgia logo on approved projects.
• $500,000 minimum spend to qualify
• No limits or caps on Georgia spend, no sunset clause
• Both resident and non-resident workers’ payrolls and FICA, SUI, FUI qualify
• No salary cap on individuals paid by 1099, personal service contract or loan out. Payments made to a loan out company will require six percent Georgia income tax withheld
• Production expenditures must be made in Georgia to qualify from a Georgia vendor
• Travel and insurance qualify if purchased through a Georgia agency or company
• Original music scoring eligible for projects produced in Georgia qualify
• Post production of Georgia filmed movies and television projects qualify
• Development costs, promotion, marketing, license fees and story right fees do not qualify

*source: Georgia.org

Pre-Financing of Projects

Georgia Tax Credits can provide pre-financing of filming based on the expected tax credits. The production will need to have 70% - 80% of the budget already raised to qualify for the pre-financing of the remaining amount.