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Incentives

Production Incentives Database

Incentive Type Transferable Non-Refundable Tax Credit
Spend 15-25%
Above the Line Residents 15-25%
Above the Line Nonresidents 12-17%
Below the Line Residents 15-25%
Below the Line Nonresidents 0
Bonus 5% of the cumulative qualified expenditures and production costs if more than 50% of the BTL personnel are Nevada residents
Bonus 5% of the cumulative qualified expenditures and production costs if more than 50% of the filming days occurred in a county in the State in which, in each of the two years immediately preceding the date of application, qualified productions incurred less than $10 million of direct expenditures.
Project Criteria $500,000 minimum qualified production cost in Nevada; At least 60% of the production budget, including pre-production, production, and post-production, must be incurred in Nevada as qualified direct production expenditures. However, if all post-production will be completed outside of Nevada, then post-production expenditures can be withheld from the 60% calculation

NV Residency form is required
Loanout Registration Required No
Loanout Withholding No
Annual Funding Caps $10,000.00
Project Caps 6000000
Minimum Spend $500,000
Sunset Date 06/30/2023
Audit Requirements
CPA audit required by a Nevada licensed CPA
Getting Started
Apply no earlier than 90 days prior to the start of principal photography.
Screen Credit Required
No
Company Registration
Yes
Sales Use Tax Relief
No
Hotel Occupancy Tax Relief
Yes
Local Vendors Qualify
Yes
Outside Vendors Qualify
No
Claiming Incentive
All accountings and other required documentation must be submitted not later than 90 days after completion of the qualified production

Additional Information
Compensation Cap: $750,000 per individual or loan-out corporation; resident Producer compensation must not exceed 10% of the total Nevada expenditures (5% for nonresident producers).

The qualified production must complete production within one year after the commencement of principal photography.

Tax credit has a 4 year carry forward

Last updated: 07/01/2017

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 clientservices@mediaservices.com.