Alaska

Alaska Film Credits

Type of Incentive ** Tax credit; refundable; transferable; 6 year carry forward

 

Benefit Details ** 30% of qualified local spend in state, plus 20% for wages to resident labor, plus 6% for rural expenditures, and plus 2% for expenditures between October 1 and March 30

 

Project Cap None

 

Annual Cap $200,000,000 per year through June 30, 2023
Minimum Local Spend $75,000

 

Loan-Out Company Considerations Alaska business license required

 

Additional Exemptions None

 

Qualified Production Expenditures Incurred in 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.  Non resident Above the Line labor earns a 5% tax credit plus 50% of resident labor.  Contact us for more details.

 

Sunset Date December 31, 2018

 

Film Commission State of Alaska Film Office

550 W 7th Ave, Suite 1770

Anchorage, AK 99501

 

Dave Worrell

907.269.8491

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.