Tax Credit for Construction of an Infrastructure Project ***** Commerce will begin accepting applications for 2008 tax incentives offered under the Motion Picture Program on Thursday, November 1, 2007 between the hours of 8:00 am and 5:00 pm. *****
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Overview
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Who |
A person or production company that: - Constructs an eligible infrastructure project
- Will own and operate the infrastructure project
- Constructs a soundstage must spend:
- At least $250,000 within 90 days of pre-approval,
- An additional $1 million within 12 months of pre-approval,
- A total of $5 million within 36 months of pre-approval; or
- Constructs a support and augmentation facility must spend:
- At least $250,000 within 90 days of pre-approval,
- A total of $1 million within 36 months of pre-approval.
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What |
Income Tax Credit - a transferable Arizona income tax credit. Click here to view the available amount of tax credits.
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How |
To become eligible to receive infrastructure tax credits please view the application process.
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Why |
An applicant may realize an income tax savings of up to 15% of the base investment amount.
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When |
Commerce will begin accepting applications for 2008 tax incentives offered under the Motion Picture Program on Thursday, November 1, 2007 between the hours of 8:00 am and 5:00 pm.
| General InfoLegislative Information NEW!
Email Updates
Commerce will soon begin the process of drafting rules for the Motion Picture Production Tax Incentives Program and will seek public comment. As soon as rules are adopted, Commerce will place an update on this website and will notify companies and others who have requested information. If you have not yet placed your e-mail address on our list, please click here send an e-mail requesting notification. Please be sure to identify motion pictures as the program for which you would like notification.
Return to the Arizona Film Office Website
Return to the Motion Picture Tax Incentives home page
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