Revolution Resource Center
Tax Incentives
Movie production incentives are tax benefits offered state-by-state throughout the United States to encourage in-state film production.
These incentives are designed to attract filmmakers and production companies to a particular location by offering them certain tax benefits or rebates on eligible expenses incurred during production.
Increase the ROI of your project by filming in a tax incentive state
Tax Incentives Map
Click on a state to see the detail of tax incentives available locally and compare them to find the best state for your production.
Tax Incentives for: New Mexico
Incentive
25-35% Refundable Tax Credit
Project Criteria
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Resident ATL: 25%
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Resident BTL: 25%
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Non-Resident ATL: None
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Non-Resident BTL: 15% (limitations apply)
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Minimum Spend: None
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Project Cap: None
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Compensation Cap: $20M
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Minimum Filming Days: None
Qualified Spend/Bonus
25% on qualified expenditures including, but not limited to:
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Labor (Resident)
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Select Fringes
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Workers Comp/Handling Fees
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Post (Rendered in Texas)
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Travel (If purchased through a New Mexico based agency, or company for travel to, and from New Mexico)
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Per-Diem (Non-Resident)
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Shipping (Only if Originating from New Mexico)
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Hotel
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Equipment
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Insurance
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Legal Fees
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Food/Catering/Entertainment
Bonus
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An additional 5% credit is available for standalone pilots intended for series television in New Mexico, and series television productions intended for commercial distribution with an order for at least six episodes in a single season.
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10-20% 10-20% tax credit on payroll for VA residents.
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An additional 5% credit is available if certain criteria are met regarding the use of qualified production facilities.
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An additional 5% shall be applied for payments for direct production expenditures, and postproduction expenditures. For work, services, or items provided on location for production of a film, or commercial audiovisual product that is in New Mexico but at least sixty miles outside of the exterior boundaries of certain counties.
Program Guidelines
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Annual Cap: $110,000,000
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Sunset Date: None
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Screen Credit: Yes
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CPA Audit: None
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Carry Forward: None
Additional Considerations
Loan-out Registration: No
Income Tax Withholding:
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Individual Resident: Not Required
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Non-Resident Withholding: 5.9%
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Loan-out:Requirements vary, please contact incentives@revolutiones.com for more infomation
Production Resources
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Studio
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Post Facilities
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VFX
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Crew
Contact
New Mexico Film Office
Carrie Wells, Deputy Director
Joseph M. Montoya Building
1100 Saint Francis Drive
Santa Fe, NM 87505
505.476.5600
Please check each jurisdiction for the most up-to-date information on film tax incentives.
Nothing presented here is intended to be tax advice, and information may not be current.