The Pennsylvania film tax credit offers a 25% tax credit to films that spend at least 60% of their total production budget in the Commonwealth of PA. New legislation is pending to “uncap” this program to bring in more and larger productions. KPM Film Credit Advisors can help you navigate the Pennsylvania film tax credit regulations and get the highest return on your investment.
Pennsylvania Film Tax Credits and Information
|Type of Incentive||Tax credit; non-refundable; transferable; 3 year carry forward|
|Benefit Details||25% of qualified spend in state; an additional 5% credit for feature films, TV movies, and series for a national audience and filmed in a qualified facility.|
|Minimum Local Spend||At least 60% of the Total Production Budget expenses must be incurred in state.|
|Loan-Out Company Considerations||Loan-outs must be registered in the state prior to the start of principal photography or the date on which the company was engaged.|
|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. ATL labor capped at $15,000,000 in the aggregate. Labor must be subject to state withholding to be qualified. Contact us for more details.|
|Film Commission||Pennsylvania Film Office
Commonwealth Keystone Bldg
400 North Street, 4th Floor
Harrisburg, PA 17120Janice Collier
Pennsylvania Film Tax Credit Program
Talk to KPM Film Credit Advisors before beginning principal photography on a project in Pennsylvania. Pennsylvania film tax credits and incentives apply to the production of a feature film, a television film, a television talk or game show series, a television commercial or a television pilot. Call (781) 849-5357 or email us today to learn how we can help you get the most from the Commonwealth’s film tax credits and incentives.
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.