25% Film Incentive
North Carolina will offer a 25% film incentive effective January 1, 2010.
On August 27, 2009 Gov. Bev Perdue signed into law legislation to expand North Carolina's film tax credit. Effective January 1, 2010 qualifying productions spending over $250,000 in NC will receive a 25% tax credit on in-state purchases for good and services and not to exceed a per project credit of $7.5M (approximately $30M in-state spend.)
Procedure for claiming the incentive remains the same:
- Complete the Intent to Film form and submit it to the North Carolina Film Office.
- Complete your production in North Carolina.
- Once the production has wrapped in North Carolina, submit the one-page form NC-415 to the Department of Revenue to trigger the auditing process by the North Carolina Department of Revenue.
- Receive your refundable tax credit after filing corporate income tax return.
Downloads
NC Film Incentives Brochure (.pdf)
Questions?
Contact Aaron Syrett, Director, NC Film Office
919.733.9900
