Film Tax Credit definition

Film Tax Credit means the tax credits allowed pursuant to the 2008 Georgia Entertainment Industry Investment Act, O.C.G.A. § 48-7- 40.26.
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Film Tax Credit means any and all tax credits earned under the provisions of La. R.S. 47:6007 as a result of any investment in, and expenditure by Debtor in acquiring and renovating the Property to serve as a “state-certified infrastructure project” (as defined in La. R.S. 47:6007(B)(12)).
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Film Tax Credit means the credit allowed pursuant to the Georgia Entertainment Industry Investment Act,
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Examples of Film Tax Credit in a sentence

  • Prior to claiming any Film Tax Credit, each new film, video, television or Interactive Entertainment project must be certified as meeting the guidelines and the intent of the Act.

  • Only one production company per project may receive certification for the Film Tax Credit.

  • In addition to the statutory references cited above, the following general descriptions and DOR public written statements provide detailed information describing the tax credits: Film Tax Credit Motion picture production companies may claim (1) a credit equal to 25% of the total qualifying aggregate payroll for employing persons within the commonwealth in connection with filming and production of a motion picture and (2) a credit equal to 25% of their Massachusetts production expenses.

  • In addition, ESD also administers the New York State Film Tax Credit Program, which is designed to increase the film production and post-production industry presence in and overall economic benefits to New York State.

  • By signing and submitting this application, an applicant for the Film Tax Credit Post Production credit program agrees to include in the end credits of the qualified film "This production participated in the New York State Governor's Office for Motion Picture & Television Development Post Production Credit Program" and in addition to include the logo for the "NY ♥ FILM” program.

  • The applicant acknowledges that, with respect to the accredited production and the labor expenditures related thereto, it shall keep its books and records in accordance with generally accepted accounting principles, for a minimum of three (3) years from the date on which the Film Tax Credit is issued.

  • Estimate of Cost of Utilizing Credit over 2003-2008: $63,054,133.* Source: Georgia Department of Revenue, Fall 2010; *Total credit utilized on tax returns for years 2003-2008 includes total for Film Tax Credit offset to withholding.

  • Tax credits may only be sold or transferred once; however, the sale or transfer may involve multiple Georgia transferees or buyers as provided in Georgia Department of revenue’s Film Tax Credit rules & regulations (560-7-8-.45).

  • For additional details, please see the Georgia Department of revenue’s Film Tax Credit rules & regulations (560-7-8-.45).

  • The signature below must be provided by the corporate officer, general partner, managing member, or sole proprietor of the applicant seeking the Film Tax Credit Program Post Production tax credit.


More Definitions of Film Tax Credit

Film Tax Credit means the credit allowed pursuant to the Georgia Entertainment Industry Investment Act, O.C.G.A. § 48-7- 40.26.
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Film Tax Credit means the tax credits allowed pursuant to the Georgia Entertainment Industry Investment Act, O.C.G.A. § 48- 7-40.26, as amended.
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Related to Film Tax Credit

  • Input Tax Credit means the credit of input tax;

  • Tax Credit means a credit against, relief or remission for, or repayment of any Tax.

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • Tax Credits means any state, local and/or federal production tax credit, tax deduction, and/or investment tax credit specific to the production of renewable energy and/or investments in renewable energy facilities.

  • working tax credit means a working tax credit under section 10 of the Tax Credits Act 2002;

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Transaction Tax Deductions means any Tax deductions relating to (i) any pay down or satisfaction of Company Indebtedness or other Indebtedness, (ii) the payment or incurrence of any Transaction Expenses or Transaction Bonus Payments and (iii) any other deductible payments attributable to the Contemplated Transactions economically borne by the Seller. For this purpose, any success-based fees shall be treated as deductible in accordance with Rev. Proc. 2011-29.

  • Tax Deduction means a deduction or withholding for or on account of Tax from a payment under a Finance Document.

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • Pre-Tax Contributions means, for any Participant, the aggregate of the Participant's Basic Pre-Tax Contributions and Supplemental Pre-Tax Contributions contributed to the applicable Pre-Tax Contribution Account.

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • foreign tax means any Foreign Income Taxes or Foreign Other Taxes.

  • Tax Benefit means any refund, credit, or other item that causes reduction in otherwise required liability for Taxes.

  • Relevant Tax Authority means HMRC, or, if applicable, the tax authority in the jurisdiction in which the Supplier is established;

  • Income Tax Return means any Tax Return relating to Income Taxes.