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.
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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
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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
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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
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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
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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.
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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
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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
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Production Resources
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Studio
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Post Facilities
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VFX
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Crew
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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.