Tennessee Film Tax Credits | Entertainment Tax Credits in Tennessee | Film Tax Credit in TN
Film Production Capital provides tax credit-based financing for films in Tennessee, 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 some of the highlights involving Tennessee film tax credits below.
Tennessee Highlights:
• 17% rebate for TN expenditures, plus 2% additional if at least 25% of the cast and/or crew are Tennessee residents (not including extras).
• Another 15% rebate production spends at least $1Mil per production/episode for music created by TN resident or for music recorded in TN.
• $200K min spend for resident production company, $500K for nonresident production company.
• Resident wages only, capped for above the line at $100K per function in production.
• *NOTE* Annual $20 million cap, State doles out discretionarily, not first-come, first-serve. • Also 15% refund if headquartered in TN or minimum spend of $1 mil+ if not headquartered in TN, but has TN investor, then TN investor can claim 15% of TN expenditures proportionate to their % ownership.
If you are interested in obtaining more information about our services in Tennessee, or any other state, please call us at 1-866-454-9205 or email us at info@filmproductioncapital.com.
Tennessee Film Entertainment & Music Commission: www.tn.gov/film Incentives Information: http://state.tn.us/film/incentives.htm
