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Incentives

Production Incentives Database

Incentive Type Non-Transferable Non-Refundable Tax Credit
Spend 30%
Above the Line Residents 30%
Above the Line Nonresidents 30%
Below the Line Residents 30%
Below the Line Nonresidents 30%
Project Criteria Credit is a case by case credit that is to be approved by the Director of the Film office
Loanout Registration Required No
Loanout Withholding No
Annual Funding Caps $300,000,000*
Project Caps None
Minimum Spend N/A
Audit Requirements
In office Audit will be required
Getting Started
A qualified applicant may apply to the Film office for a tax credit. Then they shall be prescribed the form and contents of the application.

Current Application Window- 2022- Aug5-Dec31,2022
Screen Credit Required
Yes
Company Registration
Yes
Local Vendors Qualify
Yes
Outside Vendors Qualify
No
Claiming Incentive
Company must be an IN company and structured as such. The credit is used once you file a tax return to offset corporate state tax liability

Credit is used to offset company's IN liability.

Each time that the credit is carried over to a succeeding taxable year, it is to be reduced by the amount that was used as a credit during the immediately preceding taxable year. The credit provided by this chapter may be carried forward and applied to succeeding taxable years for nine (9) taxable years following the first taxable year containing the taxable year for which the corporation awards the credit.

Carry forward 9 years
Additional Information
The credit is up to 30% on in state spending. True percentage is up to the discretion of the Director of the Film office.

*The 300M annual funding is for ALL credits available in the state of IN. There has been no set amount from the 300M allocated specifically for this Production Credit.

Last updated: 06/01/2024

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].