|Above the Line Residents||25%|
|Above the Line Nonresidents||20%|
|Below the Line Residents||25%|
|Below the Line Nonresidents||20%|
$1 million minimum qualified spend in a single taxable year for a Film.
In the case of a TV series, the production must be intended for national distribution, have a minimum spend in South Carolina of at least $10 million (ten million) dollars, and each episode must have a minimum production expenditure of $1 million (one million) dollars per episode.
|Loanout Registration Required||Yes|
|Annual Funding Caps||$17,000,000|
The South Carolina incentive is not first come first serve; projects are evaluated for how much they will benefit the state by hiring South Carolina crew, using local suppliers, being bonded and insured, and having a distribution plan.
Annual Cap: $10 million wage rebate per year
All wages are subject to South Carolina withholding taxes
Commercials may qualify for a 10% tax credit if more than $500,000 is spent instate within a calendar year.
All loan outs must be pre approved by the SC film office before filming begins and must complete all forms including the WH-403
Exemption from all State sales, use and accommodations taxes is available for production companies planning on spending $250,000 in South Carolina within 12 consecutive months.
South Carolina offers additional incentives designed to develop the film industry infrastructure in the state. Contact the South Carolina Film Commission for information regarding the Production/Post Production Facility tax credit and the South Carolina Production Fund Grant.
Last updated: 10/31/2019
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@example.com.