Texas Film Tax Incentives

Texas Moving Image Industry Incentive (TMIIIP) is designed to build the economy by offering Texas film tax incentives and film tax credits to the motion picture industry for producing television shows and films in TX. The Texas film tax incentives programs are available for feature films, documentaries, TV shows and made for TV movies. KPM Film Credit Advisors can help you manage your Texas spending on eligible pre-production, production and post-production expenditures.

Texas Film Tax Incentives and Information

Texas Film Tax Incentives

Type of Incentive Grant; refundable; non-transferable
Benefit Details For Texas spending:

  • Budgets ranging from $250,000 – $1,000,000, 5% of qualified spend in state
  • Budgets ranging from $1,000,000 – $3,500,000, 10% of qualified spend in state
  • Budgets greater than $3,500,000, 20% of qualified spend in state

At least 70% of the total number of cast and crew (including extras) must be Texas residents and at least 60% of principal photography days must be done in state.

Additional 2.5% for underutilized or economically disadvantaged areas.

Project Cap None
Annual Cap $95,000,000 for fiscal years 2014 and 2015
Minimum Local Spend $250,000 for film and TV programs; $100,000 for commercials.
Loan-Out Company Considerations None
Additional Exemptions Hotel Occupancy Tax Relief Available
Sales & Use Tax Relief Available
Fuel 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. First $1,000,000 of labor per resident employee is qualified. Contact us for more details.
Sunset Date None
Film Commission Texas Film Commission
Office of the Governor
PO Box 13246
Austin, TX 78711Heather Page, Director
film@governor.state.tx.us
512.463.9200
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Texas Film Tax Incentives Program

 
The Texas Film Tax Incentive program (TMIIIP) provides qualifying film, television, commercial, visual effects and video game productions the opportunity to receive a cash grant based on a percentage of a project’s eligible Texas expenditure (including eligible wages paid to Texas residents.) KPM Film Credit Advisors team of CPAs and business advisors can help qualify film, television, commercial, visual effects and video game productions to receive the maximum Texas film tax incentive. Contact us at (781) 849-5357 or email us today to learn more.

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.