Production Incentives Database

Louisiana  

Click here for specific information for:    Jefferson Parish   LA Screenplay Production   Shreveport   
Incentive TypeNon-Transferable, Partially Refundable Tax Credit
Spend25-35%
Above the Line Residents40%Restrictions apply, see Additional Information
Above the Line Nonresidents25-30%Restrictions apply, see Additional Information
Below the Line Residents40%
Below the Line Nonresidents25-30%
Bonus 1Out of Zone Bonus - State-certified productions that have their production office and at least sixty percent of principal
photography based and occurring outside of the New Orleans Metropolitan Statistical Area (NOLAMSA) may be eligible for an increased 5% credit of base investment.
In NOLA-MSA Zone: Orleans Parish, Jefferson Parish, Plaquemines Parish, St. Bernard Parish, St.
Charles Parish, St. James Parish, and St. Tammany Parish.
Out-of-Zone: All other parishes including St. John the Baptist Parish.
Bonus 2VFX Bonus- If at least 50% of the VFX budget is expended for services performed in Louisiana by an approved Qualified Entertainment Company (QEC), or a minimum of $1 million in qualified VFX expenditures are made in Louisiana, an additional 5% credit may be allowed on the qualified VFX spend only.
Project Criteria$300,000 minimum instate spend.

15% on Louisiana resident payroll (residency form is required). Payments to artist's loan-out companies are ineligible for this credit.

Loanout Registration RequiredNo
Loanout WithholdingYes, 6%
Annual Funding Caps$150,000,000
Project Caps20000000
Minimum Spend$300,000
Sunset DateNone

Louisiana Economic Development
1051 N. Third Street, Baton Rouge, LA 70802

Stephen Hamner, Director of Film
Phone: 225 342 3000
EmailWebsite

Also Applies To:
Animation
Commercials
Documentaries
Game Shows
Interactive
Industrials
Music Videos
News
Sports
Reality TV
Contact Film Office for more information
Audit Requirements
For applications for initial certification or requests for final certification received on or after January 1, 2016, Louisiana Entertainment shall directly engage and assign a CPA to prepare a production expenditure verification report on an applicant?s cost report on production expenditure. The applicant will be assessed Louisiana Entertainment?s actual cost for the production expenditure verification report fee and shall make all records related to the tax credit application available to Louisiana Entertainment and the CPA.


Getting Started
Submit an on-line application and include:

Detailed preliminary budget (including all hires)
Detailed preliminary Louisiana budget
Detailed distribution plan
Script or Synopsis
Statement that the project meets the definition of a state-certified production
A notarized statement agreeing to pay all vendors
Disclosure of any anticipated related-party transactions

For applications for initial certification the fee for filing an application shall be equal to 0.5% of the amount of the incentives or exempted taxes, with a minimum of $500 and a maximum of
$15,000.

At the time of the application, the applicant shall submit a deposit of the production expenditure verification report fee; An advance deposit of $7500 for productions with budgets under $25M with a possible maximum fee is $15,000. An advance deposit of $15,0000 for productions over $25M with a possible maximum fee of $25,000.
Screen Credit Required
Yes
Company Registration
No
Sales Use Tax Relief
No
Hotel Occupancy Tax Relief
No
Local Vendors Qualify
Yes
Outside Vendors Qualify
No
Claiming Incentive
Once the audit is complete, a final certification letter (credits) or denial will be issued by the department within 120 days of receipt of a complete package.
Along with the audit a Project must also submit:

Full bible run(s)
Full payroll data
Louisiana Entertainment may require additional support and/or verification for certain expenditures.

After all supporting documentation is received and reviewed, Louisiana Entertainment and LED will issue a "Final Certification" letter approving the qualifying expenditures and certifying the tax credits.


The state can buy the credits back for 85% of the credit worth


Additional Information
15% on Louisiana resident payroll (residency form is required). Payments to artist's loan-out companies are ineligible for this credit.

Project Cap: State-certified productions for Feature/ scripted episodic content may be granted up to $20 million in credits per season/project. Any Project will not receive a credit that exceeds 40% of their overall in-state investment

Compensation Cap: The first $3 million of payroll payments made directly to an individual will qualify for the tax credit (does not apply to payments made to loan-out companies).

Additional Caps: Expenditures for Above-the-Line services are capped at 40% of total production expenditures in the state for the production.

Cap Allocation: $7.5 million shall be reserved for Qualified Entertainment
Companies.
$7.5 million shall be reserved for Louisiana screenplay productions.
$15 million shall be reserved for independent film productions.
$120 million is unreserved and may be applied to any size production.

"Partially Refundable" The state of Louisiana can buy back motion picture investor tax credits for 90%

For projects with applications submitted to LED on or after July 1, 2017, a fee of 2% of the
transfer value shall be applicable.

A 'slate' means up to three motion picture productions with a combined total of qualified expenditures that exceed $300,000 for activities occurring over a maximum of 24 months within the state.

Louisiana Film office has the right to reduce the credit to 25% if the Screen Credit requirement is not met by the production



Last updated: 09/28/2017
Production Incentive Disclaimer
The encapsulated production incentive information on this page is provided for general purposes only and should not be construed as tax advice. While we do our utmost to keep all information up to date, production incentives change often. The best source for incentive details is the film office itself. For more explanation or detail about the production incentive described here, please contact our resident production incentives expert at incentives@media-services.com.