|Incentive Type||Non-Transferable Refundable Tax Credit|
|Above the Line Residents||20-25%|
|Above the Line Nonresidents||20-25%|
|Below the Line Residents||20-25%|
|Below the Line Nonresidents||20-25%|
|Bonus||25% total tax credit if production cost incurred on all other neighboring islands (big Island of Hawaii, Kauai, Lanai, Maui, and Molokai)|
$200,000 minimum qualified spend;
20% tax credit in any production cost incurred on the island of Oahu
25% tax credit if production cost incurred on all other neighboring islands (big Island of Hawaii, Kauai, Lanai, Maui, and Molokai)
A qualified production occurring in more than one county may prorate its expenditures based upon the amounts spent in each county, if the population bases differ enough to change the percentage of tax credit.
|Loanout Registration Required||Yes|
|Annual Funding Caps||$50,000,000|
All tax credit claims, including amended claims, should be filed before the end of the 12th month following the close of the taxable year for which the tax credit may be claimed.
Commercials may bundle production expenses of more than one commercial to meet the $200,000 minimum spend if production of all
A loan-out company is subject (must register)to General Excise Tax(GET) at the rate of 4% on gross receipts; for information regarding a safe harbor to qualify loan out company payments see Hawaii Dept. of Taxation Tax Information Release No. 2009-05
Out of state business entities must register to conduct business activities in Hawaii by applying for and obtaining a Certificate of Authority from the Department of Commerce & Consumer Affairs.
Every person with business activities in Hawaii is required to apply for and obtain a general excise tax license, and pay general excise tax on the gross income from their business activities
Productions are required to: make reasonable efforts to hire local talent and crew; provide evidence of financial or in-kind contributions or educational or workforce development efforts toward the furtherance of the local film, television and digital media industries
Screen credit may be waved in exchange for Alternative marketing opportunities, approved by the department of business, economic development, and tourism, that offer equal or greater promotional value to the State than the shared-card, end-title screen credit;
Last updated: 07/17/2019
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].