Georgia Entertainment Industry Investment Act

On May 12, 2008 Governor Sonny Perdue signed into law the Georgia Entertainment Industry Investment Act, boosting the state tax credit for qualified production and post-

"The magnitude of Georgia's tax break is one of the best, if not the best in the country," says  Broderick Johnson, producer of Alcon Entertainment's The Blind Side.  Variety

production expenditures by as much as 30 percent. It is available not only to traditional motion picture projects such as feature films, television series, commercials and music videos, but also innovative new industries such as game development and animation.

 

The Georgia Entertainment Industry Investment Act offers an across the board flat tax credit of 20 percent based on a minimum investment of $500,000 on qualified productions in Georgia.  An additional 10 percent Georgia Entertainment Promotion (GEP) uplift can be earned by including an imbedded animated Georgia logo on approved projects.

 

For more information on the Georgia Entertainment Industry Investment Act, please download the following materials (PDF):

 

Highlights of the Georgia Entertainment Industry Investment Act
Georgia, Film, Music & Digital Entertainment Tax Incentives Brochure

Application:  Tax Credit Certification Application (Updated 6/14/10)
Application:  Georgia Entertainment Promotion (GEP) Application

 

Georgia Department of Revenue Forms:

 

Film Tax Credit Form (IT-FC)

Notice of Tax Credit Transfer (IT-TRANS)

Georgia Department of Revenue Rules and Regulations

 

GEORGIA Sales & Use Tax Exemption

'Stay seated for the credits .... and you'll see why Georgia Film officials love Hollywood these days,' writes the AJC. www.ajc.com

In addition to the Georgia Entertainment Industry Investment Act, the state also offers a Sales & Use Tax Exemption. Qualified companies can get an immediate point-of-purchase sales tax exemption that will save productions up to eight percent on most below-the-line materials and service purchases or rentals.

 

For more information on the Sales & Use Tax Exemption, please download the following materials (PDF):

 

Sales & Use Tax Exemption Rules and Regulations 
Application: Application for Certificate of Exemption

 

Applying for the Georgia Sales & Use Tax Exemption Refund

 

When applying for the tax exemption refund, three forms may be required for the refund process (PDF):

 

Application for Certificate of Exemption (ST-PE1)

Claim for Refund (ST-12)
Waiver of Vendor's Rights for Refund (ST-12A) 

 

Contact

To learn more about these incentives and how the Georgia Film, Music & Digital Entertainment Office can help make your next shoot a successful venture, please contact us.

 

Related Site:
The Georgia Production Partnership Incentive Program