Colorado

Colorado Film Tax Credits

Type of Incentive Rebate
Benefit Details 20% of qualified spend in state
Project Cap None
Annual Cap $5M for fiscal year ending June 30, 2015
Minimum Local Spend $100,000 for Colorado production companies; $1,000,000 for out-of-state production companies (exception, $250,000 for commercials)
Loan-Out Company Considerations All income taxes must be withheld and paid by either the production company or the individual.
Additional Exemptions Hotel Occupancy Tax Relief Available. Loan guarantee program up to 20% of budget available.
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. Colorado taxes required to be withheld.  Labor qualified up to $1,000,000 of payroll for any one employee. 50% of workforce must be Colorado residents. Contact us for more details.
Sunset Date None
Film Commission Colorado Office of Film, Television & Media
1625 Broadway, Suite 2700
Denver, CO 80202

Donald Zuckerman
Donald.zuckerman@state.co.us
303.892.3840

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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.