Florida

Florida Film Tax Credits

Type of Incentive Tax credit; non-refundable; transferable; 5 year carry forward 
Benefit Details 20% of qualified spend in state; 5% Off Season Projects Bonus; 5% Family-Friendly Projects Bonus; 5% Underutilized Region Bonus; 5% Qualified Production Facility/Digital Media Facility Bonus; 15% FL Student/Recent Graduate.  Bonus. Maximum combined total is 30%. 

60% minimum of cast and BTL crew positions must be legal FL residents.

 

Project Cap $8,000,000 Film/TV; $500,000 Commercial/Music; $125,000 Independent 
Annual Cap $296,000,000 through June 30, 2016 
Minimum Local Spend $625,000 Film/TV; $500,000 Commercial/Music; $100,000 Independent; 
Loan-Out Company Considerations None 
Additional Exemptions** Sales & Use Tax Relief 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; Above the Line and Below the Line.  Payments to Florida residents capped at a maximum of $400,000.  Contact us for more details. 
Sunset Date June 30, 2016 
Film Commission Florida Office of Film & Entertainment
The Capitol
400 S. Monroe St, Suite 2001
Tallahassee, FL 32399

Shari Kerrigan
Shari.Kerrigan@deo.myflorida.com
850.410.8985

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** Miami Beach and Sarasota County offer additional local rebates.

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.