North Carolina Film Incentives
Spend at least $250,000: Receive a refundable tax credit of up to 25% on in-state spending for goods, services and labor. North Carolina's film production tax credit is refundable. Companies earning the credit receive a check for the full value of their refund.
Eligible film productions include theatrical, television and direct-to-DVD features; television series (an episodic series is considered one production); mini-series; commercials (excluding news, sporting events and political advertising) and animation productions. The maximum tax credit for a production is $20 million.
- Spending for goods purchased or leased from a North Carolina business is eligible for the tax credit. This includes fuel, food, airline tickets, production insurance and other goods purchased in the state.
- Compensation and wages paid to employees, regardless of whether they are residents or non-residents, for services performed in North Carolina on which withholding payments are remitted to the North Carolina Department of Revenue are eligible. Loan-outs must pay 4% withholding on compensation.
- Wages up to $1 million are eligible. Payments for per diem, living allowances and fringe benefits are also eligible.
- North Carolina Film Office and any regional film commissions representing areas in which the production was shot must receive on-screen credit.
- The 6.9% corporate income tax on the incentive has been eliminated allowing the production company to realize the full 25% of qualifying expenses.
1. Complete the Intent to Film form and submit it to the North Carolina Film Office.
2. Complete your production in North Carolina.
3. Once the production has wrapped in North Carolina, submit the NC-415 form to the North Carolina Department of Revenue to begin the auditing process.
4. Receive your refundable tax credit upon completion of the audit.
South Carolina Film Incentives
Spend at least $1,000,000 and receive a wage rebate up to 25% on all in-state, South Carolina resident employees, and 20% on out-of-state labor. Productions will receive a rebate up to 30% of all goods and services purchased, rented, or leased by the production company from a South Carolina supplier.
Spend at least $250,000and qualify for 6-8.5% sales tax exemption on all purchases, rentals, and leases. No location fee will be charged for use of South Carolina state properties.
- Features, television pilots, television series, and commercials are eligible.
- Wages for each qualifying person must be less than $1,000,000 for the project. Wages must be subject to South Carolina withholding tax. The wage rebate is assignable.
- Goods and services rebates include all purchases from South Carolina companies.
- Incentive reimbursements are cash rebates, not a tax credit involving brokers and a waiting period.
- Your rebate check is cut within 30 days of our final audit. We reserve your estimated rebate funds, assuring production that rebate funds are available.
- Incentive applications must be submitted BEFORE FILMING.
Click here to review the policies and procedures for the South Carolina film incentives.