California Film & Television Tax Credit Program 2.0

Tax Credit Program Production Alerts- Click here for up-to-date tax credit program production alerts.


RANKING SELECTION PROCESSFor information on Jobs Ratio ranking process and modified bonus points, clickhere.


Please review Program 2.0 Regulations, Guidelines, and other helpful documents for details on the Program. Please note that the Budget Tagging and Tracking Tips 2.0 has been revised and further clarifies the tagging methodology. Additionally, Interim and Final Documentation were added on the Checklistspage. See blue box on the left for links.


APPLICATION DATES


June 27 - July 8, 2016
:
Independent Films(Transferable Tax Credits)and Non-Independent Feature Films(Non-Transferable Tax Credits)
  1. Independent Films- $10 Million in Tax Credits Available
  2. Non-Independent Feature Films- $70 million in Tax Credits Available

July 11, 2016:Projects that rank in the top 200% will be notified to submit Phase II of documents.

Note: Credit Allocation Letters will be issued on August 1, 2016.

November 14 - 29, 2016: TV* Application Window (Non-Transferable Tax Credits)

  1. Relocating TV Series
  2. TV Projects- New TV series, Pilots, Mini-Series, Recurring TV Series, and Relocating TV series in their second season in California
*All TV series must have pick up orders.

November 30, 2016:Projects that rank in the top 200% will be notifiedto submit Phase II documents.

Note: Credit Allocation Letters will be issued on January 2, 2017.


January 2 - January 13, 2017:Independent Films(Transferable Tax Credits)and Non-Independent Feature Films(Non-Transferable Tax Credits)
  1. Independent Films
  2. Non-Independent Feature Films

January 17, 2017:Projects that rank in the top 200% will be notified to submit Phase II of documents.

Note: Credit Allocation Letters will be issued on February 13, 2017.


25% NON-TRANSFERABLE TAX CREDIT

  • Relocating Television Series (any episode length) that filmed its most recent season (minimum 6 episodes) outside California. $1 million minimum budget per episode. Credit is reduced to 20% after the first season filmed in California.

25% TRANSFERABLE TAX CREDIT

  • Independent Films: $1 million minimum budget; credits apply only to the first $10 million of qualified expenditures.

20% NON-TRANSFERABLE TAX CREDIT *

  • Feature Film: $1 million minimum budget; credit allocation applies only to the first $100 million in qualified expenditures.

  • Movies-of-the-Week and Miniseries: $500,000 minimum budget

  • New television Series for any distribution outlet; $1 million minimum budget per episode (at least 40 minutes per episode, scripted only)

  • TV Pilots: $1 million minimum budget (at least 40 minutes)

* 5% CREDIT UPLIFT

Projects eligible for a 20% tax credit may receive an additional 5% credit for the following expenditures:

  • Out-of-zone filming - Expenditures relating to original photography and incurred outside the 30-Mile Studio Zone (pre-production through strike). Eligible expenditures include qualified wages paid for services performed outside the Zone, and expenditures purchased or leased and used outside the Zone.

  • Music Scoring and music track recording by musicians

  • Visual Effects - To qualify, visual effects work must represent at least 75% of the VFX budget or a minimum of $10 million in qualified VFX expenditures incurred in California.

Note: The maximum credit a production can earn is 25%.


FISCAL YEAR DEDICATED FUNDING





NEW EMAIL ADDRESS

Film and Television Tax Credit Program 2.0 Applicants:IncentiveProgram2@film.ca.gov

Film and Television Tax Credit Program Applicants:IncentiveProgram@film.ca.gov