|Above the Line Residents||35-37%|
|Above the Line Nonresidents||35-37%Restrictions apply, see Additional Information|
|Below the Line Residents||35-37%|
|Below the Line Nonresidents||35-37%Restrictions apply, see Additional Information|
|Bonus||2% earned on all qualifying cost if the production company spends a minimum of $20,000 for the use of music created by an Oklahoma resident that is recorded in Oklahoma or for the cost of recording music in Oklahoma for the production.|
$50,000 minimum budget and $25,000 minimum qualified spend
|Loanout Registration Required||Yes|
|Annual Funding Caps||$8,000,000|
25% ATL Limitation of the total aggregate OK expenditures
25% Loan out Limitation based on the total sum of OK ATL + OK ATL Loan outs + OK Screenplay/writing cost
High Impact Productions Rebate Outside of the annual Cap- Productions that exceed $50 million in budget can earn the same 35 percent to 37 percent cash rebate , however those productions will have access to funds within the Oklahoma Quick Action Closing Fund which is outside the Film Rebate program Cap.
**B-T-L nonresident will qualify if pre-registered as an Oklahoma Expatriate with the Oklahoma Film & Music Office; only wages paid through a payroll company will qualify; crew cannot be compensated as contract labor.
The Point-of-Purchase Sales Tax Exemption may not be combined with the Rebate.
Underlying rights for screenplays and novels paid to an Oklahoma entity or individuals with Oklahoma tax liability qualify for the rebate.
If the amount of an approved claim(s) exceeds $5 million within a fiscal year, pay out will be made in the order in which the claims are approved by the Oklahoma Film & Music Office. Approved claims not paid in whole or in part within the designated time frame may be paid in the following fiscal year, contingent upon the availability of funds.
Last updated: 06/04/2019
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].