|Above the Line Residents||30-35%|
|Above the Line Nonresidents||25|
|Below the Line Residents||30-35%|
|Below the Line Nonresidents||25|
|Bonus||5% for payroll of honorably discharged veterans of the United States Armed Forces (wages subject to Mississippi income tax withholding).|
Production Company or producer must met certain requirements of having connections to Mississippi.
$50,000 minimum instate spend.
At least 20% of the production crew must be residents of Mississippi.
|Loanout Registration Required||Yes|
|Loanout Withholding||Yes, 5%|
|Annual Funding Caps||$20,000,000|
Production spend prior to the Mississippi Development Authority Certification Date will not be considered for the rebate.
Loan-out registration with the Department of Revenue is required.
Mississippi income tax must be withheld on all payroll. The Mississippi income tax withholding rate is 3% to 5%.
A reduced sales tax rate equal to 1.5% may apply to equipment used in motion picture production.
Last updated: 04/25/2019
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].