New Jersey Film Tax Credits | Entertainment Tax Credits | Film Tax Credit in NJ

Film Production Capital is actively monitoring any related developments for tax-credit based financing opportunities for films in New Jersey, 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 New Jersey film tax credits below.

New Jersey Highlights:
• New Jersey has suspended the use, claim, or redemption of tax credits for qualified film and digital media content production expenses during Fiscal Year 2011, which began July 1, 2010 and ends June 30, 2011. However, new applications will continue to be accepted and reviewed for approval.
• 20% transferable credit on qualified production expenses.
• At least 60% of the total expenses of a project, exclusive of post-production costs, must be incurred for services performed and goods used or consumed in New Jersey.
• Principal photography of a project commences within 150 days after the approval of the application for the credit.
• Nonresident labor qualifies.
• $10 Mil cap, first-come, first-served, allocated through FY 2011 already
• Sales tax exemption, lodging tax rebate for stays over 14 days.
• In order to qualify, must be at least 15 minutes in length

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

New Jersey Motion Picture and TV Commission: www.njfilm.org
Incentive Information: http://www.njfilm.org/Incentives.htm