|Type of Incentive||Tax credit; refundable; non-transferable|
|Benefit Details||25% of qualified spend in state (excluding resident labor); 35% of resident labor. Only the first $20,000,000 of spending in state qualifies for the tax credit.|
|Annual Cap||$20M per fiscal year|
|Minimum Local Spend||$500,000|
|Loan-Out Company Considerations||Must register with the Secretary of State.|
|Additional Exemptions||Sales & Use Tax Relief for Productions Available;
Hotel Occupancy Tax Relief Available.
|Qualified Production Expenditures||Incurred in the State; In-State Vendors; Fringes Paid for Qualified Labor; Taxes Paid for Qualified Labor. Contact us for more details.|
|Qualified Labor||Resident and Nonresident; Above the Line and Below the Line. Contact us for more details.|
|Film Commission||Alabama Film Office
401 Adams Ave, Suite 170
Montgomery, AL 36104
Brenda Hobbie, Incentives Coordinator
NOTE: This content has been prepared by Kevin P. Martin & Associates, P.C. for informational purposes only and should not be construed as tax advice or relied on for specific projects. Though every effort has been made to remain current, laws and incentives change and, therefore, this information may have been revised. Please contact us to confirm any laws or the effect of incentives on your project.