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Tax Incentives for Producing a Motion Picture in Arizona
***** 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 company that:
- Is primarily (more than 50%) engaged in the business of producing motion pictures,
- Has the lawful rights to produce the motion picture,
- Has a physical office and bank account in Arizona,
- Begins production within 90 days of the pre-approval date,
- Spends Arizona production costs of at least $250,000, and
- Employs Arizona residents in its motion picture productions, as follows:
· In 2007, at least 35% of the full-time employees working in this state must be Arizona residents, · In 2008 thru 2010, at least 50% of the full-time employees working in this state must be Arizona residents. |
What |
Transaction Privilege Tax (TPT) Exemption on:
- Purchased machinery, equipment and other tangible personal property,
- Job printing, embossing, engraving and copying,
- Leased or rented lodging space,
- Sales of catered food, drink and condiments, and
- Construction contracts for buildings and other structures.
Use Tax Exemption - on machinery, equipment and other tangible personal property. Income Tax Credit - a transferable Arizona income tax credit. Click here to view the available amount of tax credits. |
How |
To become a qualified company and receive motion picture production tax incentives please view the application process. |
Why |
A qualified company may realize the following tax savings:
- TPT exemptions of approximately 6% off of purchases.
- Use tax exemptions of approximately 5% off of out-of-state purchases.
- Income tax credits equal to 20% or 30% of the company’s investment in eligible Arizona production costs.
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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 Info
Legislative 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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