Alaska Film Tax Credits – Entertainment Tax Credits – Film Tax Credit in AK

Film Production Capital is actively monitoring any related developments for tax-credit based financing opportunities for films in Alaska, as well as television, digital interactive media (video games), and all other qualifying entertainment productions. We are the largest purchaser/financier of entertainment tax credits in the country that specializes in independent productions. You can find more information involving Alaska film tax credits below.

Alaska Highlights:
• Must spend at least $100,000 (per 24 month period).
• Nonrefundable, 30% transferable tax credit on qualified expenditures.
• Expenditures are broad as long as nexus with resident vendor or service provided while in Alaska.
• Claim an extra 10% for wages paid to Alaska residents.
• Claim an extra 2% if filming in a rural area.
• Claim an extra 2% if filming between October 1 and March 30.
• No salary cap per employee per production.
• $100,000,000 aggregate cap.

**NOTE** No regulations promulgated yet, no FAQ’s, State explicitly warns of risk of filming before regulations are released.

If you are interested in obtaining more information about our services in Alaska, or any other state, please call us at 1-866-454-9205 or email us at info@filmproductioncapital.com.

Alaska Film Office: www.alaskafilm.org
Text of Incentive Law: http://www.legis.state.ak.us/basis/get_bill_text.asp?hsid=SB0230Z&session=25