New York Commercial
|Incentive Type||Non-Transferable Refundable Tax Credit|
|Above the Line Residents||N/A|
|Above the Line Nonresidents||N/A|
|Below the Line Residents||20%|
|Below the Line Nonresidents||20%|
|Bonus||For the Upstate component(outside the MCTD but within NYS), companies can receive a total credit of 30%, with $100,000 minimum spend|
Separate Commercial Incentive: New York offers 20-30% for commercial projects with 75% of production costs in New York State. Commercials can be any length:
Credit for Downstate (20%)
The Downstate component is based on filming or recording qualified commercials within the Metropolitan Commuter Transportation District (MCTD). The MCTD includes New York City, Dutchess, Nassau, Orange, Putnam, Rockland, Suffolk and Westchester county.
Minimum spend must be over $500,000 in total qualified costs attributable to the production of qualified commercials within the MCTD
The Credit available is initially calculated as 20% of qualified production... +Read More
|Loanout Registration Required||No|
|Annual Funding Caps||$7,000,000|
The certificate must be attached to a company's 2019\20 NYS tax return to be applied against its NYS tax liability. If the amount of the credit exceeds the tax liability for that year, 50% of the excess will be refunded to the applicant. In the subsequent tax year, the applicant will file for the remaining credit. If there is any amount of credit remaining in excess of the applicant' s tax liability for that year, it will be refunded.
Save each file to your own computer first, then open and complete the saved files.
Form A - NYS Commercial Production Credit application for calendar year 2019
Application form instructions
Form B - Schedule of Qualified Expenditures (Excel spreadsheet)
Form C - Qualified Costs (Excel spreadsheet)
Form D - Annual Totals (Excel spreadsheet)
Form E - Employment Report (Excel spreadsheet)
Form F - Annual Employment Totals (Excel spreadsheet)
Separate Post Production Only Incentive - Please see Substate page for further info.
Annual allocation- $4 million allocated for shooting commercials Downstate (New York City, Dutchess, Nassau, Orange, Putnam, Rockland, Suffolk and Westchester counties); and
$3 million allocated for shooting Upstate. If unused, this money can be reallocated to the Downstate program and vice versa.
Updated definition of “qualified commercial production company” to exclude not only contracting entities for the project (ie. advertisers and agencies), but also “in-house” production companies owned or primarily controlled by such entities.
Written anti harassment form now required
Last updated: 04/10/2020
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 firstname.lastname@example.org.