Generous Film Tax Incentives Fuel “Made in New York” Initiative for NYC

 

The New York Film Commission’s “Made in New York” program is going strong and continues to benefit from generous film tax credits and production incentives. Besides the obvious beauty, versatility, another great reason film and television producers choose New York is  the “Made in NY” tax credit. This special incentive program offers a 5% credit on qualified production costs for qualifying films and television productions filmed in New York City.

Recent productions that have taken advantage of this program include:

  • Freeheld staring Steve Carell, Julianne Moore, Ellen Page and Michael Shannon tells the story of a New Jersey car mechanic Stacie Andree and her police detective girlfriend Laurel Hester struggling to secure pension benefits after a terminal Cancer diagnosis.
  • Geezer featuring Judy Greer, Selma Blair, and Brian Bumgartner follows a 40-year-old husband and father in the middle of a mid-life crisis who decides to go back to his punk-rock past.
  • Three Generations tells the story of a teenager transitioning from female to male, and her family coming to terms starring Elle Fanning, Naomi Watts, and Susan Sarandon.
  • Kid Witness staring Ripley Sobo, James Kacey, and Susan Sarandon is a mystery being directed by Kevin Kaufman due to be released in 2015.
  • Louder Than Bombs featuring Jesse Eisenberg, Rachel Brosnahan, and Amy Ryan is a Drama being directed by Joachim Trier due to be released in 2015.

The New York Film Tax Incentive Program

New York has cemented itself as one of t Film production capitals of the United States. The reason behind this most likely has to do with the strong New York State Film Tax Credits that give qualifying film and TV production companies a 30% credit for production expenditures.

If you’d like to learn more about the New York State Film Tax incentive program and determine if your production can benefit from these tax credits, visit the NY State page here  or contact one of our Film Tax Credit specialists at filmcredits@kpm-us.com or781 849 5357 today!