The Ohio film tax incentives program, called the Ohio Motion Picture Tax Credit, offers up to a 35 percent refundable tax credit as an incentive for eligible production to shoot in OH. This generous film tax Incentive features a refundable tax credit that equals 25 percent off in-state spend and non-resident wages and a full 35 percent in Ohio resident wages on eligible productions.
Ohio Film Tax Incentives and Information
|Type of Incentive||Tax credit; refundable; non-transferable|
|Benefit Details||25% of qualified spend in state and non-resident labor; 35% of resident labor|
|Annual Cap||$30,000,000 for fiscal year 2013, $20,000,000 per fiscal year thereafter|
|Minimum Local Spend||$300,000|
|Loan-Out Company Considerations||Loan outs are required to obtain a license to do business in the state to qualify the labor payments.|
|Additional Exemptions||Hotel Occupancy 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 and Nonresident; Above the Line and Below the Line. Contact us for more details.|
|Film Commission||Ohio Department of Development/Ohio Film Office
77 S. High St, Floor 29
Columbus, OH 43215Gail Mezey, Film Office Coordinator
The Ohio Film Tax Incentives Program
The Ohio film tax Incentive is available to eligible production companies. The film tax incentive program provides a refundable, non-transferable tax credit certificate to be taken against Ohio personal income tax obligations. KPM Film Credit advisors can help you define and account for eligible production expenditures (EPEs) on which the tax credit is based. Contact us at (781) 849-5357 or email us today for more information about tax incentives for productions in Ohio.
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.