Rhode Island

Rhode Island Film Tax Credit

Type of Incentive Tax credit; non-refundable; transferable; 3 year carry forward
Benefit Details 25% of qualified spend in state; 51% of principal photography days must take place in state or 51% of the production budget must be incurred in state and employs 5 or more individuals during production.
Project Cap $5,000,000, project cap may be waived for a feature length film.
Annual Cap $15,000,000
Minimum Local Spend $100,000
Loan-Out Company Considerations None
Additional Exemptions None
Qualified Production Expenditures Incurred in State; In-State Vendors; Fringes 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.
Sunset Date June 30, 2024
Film Commission Rhode Island Film and Television Office
One Capitol Hill
Providence, RI 02908Steven Feinberg, Executive Director
steven.feinberg@arts.ri.gov
401.222.3456
return

 

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.