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Incentives

Production Incentives Database

Incentive Type Rebate
Spend 20%
Above the Line Residents 20%
Above the Line Nonresidents 20%
Below the Line Residents 20%
Below the Line Nonresidents 20%
Project Criteria $100,000 minimum spend ONLY for a production company that originates in Colorado

or

$1 million minimum spend ($250,000 minimum spend for television, commercials or video games/interactive) for a production company that does not originate in Colorado.

Crew base must be made up of at least 50% of Colorado residents;

Production must be at least 80% funded or show proof of financing.
Loanout Registration Required Yes
Loanout Withholding Yes, 4.63%
Annual Funding Caps 9,250,000
Project Caps None
Minimum Spend $100,000- $1,000,000
Sunset Date None
Audit Requirements
An audit performed by a Colorado licensed CPA or a Colorado registered CPA firm in is required.


Getting Started
Submit the Statement of Intent and Application for Conditional Approval and all supporting documents prior to production activities in Colorado.

Production shall submit application prior to beginning production
activities in the state for the project the production company is seeking the incentives for. You must include a statement of intent by the production company to produce a film in Colorado for which the production company will be eligible to receive the incentive. The production company shall submit any documentation stating the projected qualified local expenditures
For those companies seeking the CO based incentives; the CO based companies must provide documentation that the production company meets the definition of 'originates" by showing copies of income tax forms, proof of voter registration, or utilities bills.
Screen Credit Required
Yes
Company Registration
Yes
Sales Use Tax Relief
No
Hotel Occupancy Tax Relief
Yes
Local Vendors Qualify
Yes
Outside Vendors Qualify
No
Claiming Incentive
The Colorado Film Office will issue a rebate check to the production company after review of the CPA report and all other required documentation.

Production must enter in a contract with in line with the CO "Procurement code" in order for the Film office to issue on the incentive.

CO now has a recapture for the credits
Additional Information
Compensation Cap: $1 million per individual.

Salaries and wages for residents and nonresidents qualify if income tax is withheld. Nonresidents and All Loan outs need to be withheld at 4.63%

The Declaration of Colorado Residency forms may be submitted with the Film Incentive Proof of Performance.

The Colorado Film Office may provide loan guarantees of up to 20% of the entire production budget. Contact the Film Office for more information.

CO now has a recapture for the credits

Last updated: 06/14/2021

Production Incentive Disclaimer
The encapsulated production incentive information on this page is provided for general purposes only and should not be construed as tax advice. While we do our utmost to keep all information up to date, production incentives change often. The best source for incentive details is the film office itself. For more explanation or detail about the production incentive described here, please contact our resident production incentives expert at [email protected].