Oklahoma Film Tax Credit

Type of Incentive Rebate; non-transferable
Benefit Details 35% of qualified spend in state, plus 2% bonus for Oklahoma music/recording.
Project Cap None
Annual Cap $4,000,000 per fiscal year
Minimum Local Spend $25,000 (project must have minimum budget of $50,000)
Loan-Out Company Considerations The qualifying salary of Above the Line labor may be included as qualified labor if the salaries are paid to loan-out corporations and limited liability companies registered to do business in the state.
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. The qualifying salaries of Above the Line personnel shall not comprise more than 25% of total qualifying expenditures.  Contact us for more details.
Sunset Date June 30, 2024
Film Commission Oklahoma Film and Music Office
120 N. Robinson, Suite 600
Oklahoma City, OK 73102Jill Simpson, Director

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.