PRODUCTION INCENTIVES > UNITED STATES >

New York

United States - Alabama

NameUS - New York State Film Tax Credit Program
URLhttps://www.olffi.com/c/USNYT01T
FundNY Governor’s Office for Motion Picture and Television Development https://www.olffi.com/c/USNYT
TypeProduction Incentive
ActivityPostproduction
Project typesFeature Films, TV series, TV single work
Nature of projectFiction, Animation
Funding calculation % of QE upto30
Funding calculation info5% - 20% if 75% of QE in the state + Bonus: 10% if all the qualified post-production costs occur at a qualified post-production facility located outside the Metropolitan Commuter Transportation District (includes New York City, Dutchess, Nassau, Orange, Putnam, Rockland, Suffolk and Westchester counties)
Nature of fundingSelective
Who can applyNational Production Company
Other requirementsSubstantial crew base, especially in New York City.
All year roundYes
When to apply infoFirst-come, first- served basis
RecoupableNot Recoupable
Tax typeTax Credit
Tax type infoRefundable Tax Credit
Financial supportNational Productions, Coproductions, Foreign Productions
Minimum qualifying expenses75 %
Minimum qualifying expenses infoExcluding costs for visual effects and animation / For visual effects and animation: qualified post-production costs incurred in NYS must be either (1) ≥ 3M USD OR (2) ≥ 20% of all qualified post-production costs (within and outside NYS).
Minimum shooting days infoPost-production Tax credit is intended for projects that were predominantly shot outside NY.
Individuals paying income tax inNew York
Foreign individuals paying income tax inNew York
Service companies paying taxes inNew York

United States - Alabama

NameUS - NY Production Tax Credit (Budget < 15M USD)
URLhttps://www.olffi.com/c/USNYT02T
FundNY Governor’s Office for Motion Picture and Television Development https://www.olffi.com/c/USNYT
TypeProduction Incentive
ActivityProduction
Project typesFeature Films, TV series, TV single work
Nature of projectFiction, Animation, Documentary
Annual budgetProduction budget < 15M USD and produced by independantly owned production company (PC) in which less than 5% is owned by public trade company / Total budget for the NY tax credit is 420M USD per year, including 25M USD for post-production credit
Funding calculation % of QE upto30
Funding calculation infoof QE incurred in New York State (NYS) / Add’l Credit of 10% for projects with budget > 500 000 USD if QE incurred in certain counties in upstate New York
Nature of fundingSelective
Who can applyNational Production Company
Other requirementsSubstantial crew base, especially in New York City / 75% test of QFE + other requirements of expenses in NYS depending on Level 1 or Level 2 project
All year roundYes
When to apply infoFirst-come first-served basis
RecoupableNot Recoupable
Tax typeTax Credit
Financial supportNational Productions, Coproductions, Foreign Productions, Special Effects
Minimum qualifying expenses infoAt least 75% of all facility-related costs (within and outside NYS) must incurred in qualified production facilities (QPF) in NYS / If 75% test for qualifying facility expenditures is met: 1) a minimum of 75 % principal photography shooting days must be on location in NYS (location days only / Excluding shooting days at a facility calculated in the 75% test OR 2) > 3M USD spend on all on all costs related to QPF => all QE of pre-production, location production and post-production in NYS are eligible for calculating the credit
Minimum shooting days infoAt least one day at a Qualifying Production Facility (QPF)
Individuals paying income tax inNew York
Service companies paying taxes inNew York

United States - Alabama

NameUS - NY Production Tax Credit (Budget > 15M USD)
URLhttps://www.olffi.com/c/USNYT03T
FundNY Governor’s Office for Motion Picture and Television Development https://www.olffi.com/c/USNYT
TypeProduction Incentive
ActivityProduction
Project typesFeature Films, TV series, TV single work, TV Pilots
Nature of projectFiction, Animation
Annual budgetProduction budget > 15M USD and produced by public trade company / Total budget for the NY tax credit is 420M USD per year, including 25M USD for post-production credit
Funding calculation % of QE upto30
Funding calculation infoof QE incurred in New York State (NYS) / Add’l Credit of 10% for projects with budget > 500 000 USD if QE incurred in certain counties in upstate New York
Nature of fundingSelective
Who can applyNational Production Company
Other requirementsProduction budget > 15M USD and more than 5% of production company is owned by public traded company / Substantial crew base, especially in New York City / 75% test of QFE + other requirements of expenses in NYS
All year roundYes
When to apply infoFirst-come first-served basis
RecoupableNot Recoupable
Tax typeTax Credit
Tax type infoRefundable Tax Credit
Financial supportNational Productions, Coproductions, Foreign Productions, Special Effects
Minimum qualifying expenses info75% of all facility-related costs (within and outside NYS) must incurred in in Qualified Production Facilities (QPF) in NYS / For TV pilot: 75% of all facility-related costs (within and outside NYS) / If 75% test for production facility expenditures is met, it may also qualify for credit based upon qualified expenditures outside the qualified facility that are related to pre-production, location production and post-production if: 1) a minimum of 75 % principal photography shooting days must be on location in NYS (location days only), excluding shooting days at a facility calculated in the 75% test OR 2) > 3M USD spend on all on all costs related to QPF => all QE of pre-production, location production and post-production in NYS are eligible for calculating the credit
Minimum shooting days info10% of principal photography shooting days must be at QPF in NYS / For TV pilot: at least 1 day of shooting in QPF
Individuals paying income tax inNew York
Foreign individuals paying income tax inNew York
Service companies paying taxes inNew York

Contact Details

Name: Thomas Regan
Phone:+1 212 803 2330
Email:tregan@esd.ny.gov