JEDCO

Business & Tax Incentives

Entertainment Industry Tax Credits

Louisiana offers tax incentive programs designed to encourage motion picture, sound recording, musical and theatrical, and digital interactive media production in our state.

Motion Picture

Investors in state-certified productions with a total base investment greater than $300,000 qualify for a fully transferable Louisiana investment tax credit of 30% of the in-state spend.

  • Payroll for Louisiana residents employed in connection with a state-certified production is allowed an additional 5% tax credit up to a salary limit of $1 million for any individual.
  • NO CAP ON PRODUCTION INCENTIVE!!!!
  • Tax credits can also be sold back to the State for 85% face value, or brokered on the open market.

For more information, please contact:
LOUISIANA ECONOMIC DEVELOPMENT
Christopher Stelly
Executive Director
Entertainment
Phone: (225) 342-5403
Email: chris.stelly@la.gov
Website: www.louisianaeconomicdevelopment.com

Sound Recording Investor Tax Credit

  • Designed to achieve a self-supporting music and sound recording industry in Louisiana by encouraging development of a strong capital and infrastructure base
  • For state-certified productions certified on and after July 1, 2015 and state-certified infrastructure projects which have been applied on or after July 1, 2015, each investor shall be allowed a tax credit of 18% of the base investment in excess of $15,000 or if a resident of this state, in excess of $5,000. Starting July 1, 2018, the credit increases to 25%.
  • Project must spend at least $5,000 in Louisiana in a 12-month period to qualify.
  • Annual cap of $2,160,000 for the aggregate of all tax credits certified under this program. However, if the total amount of credits applied for in any year exceeds the allowable annual aggregate amount, the excess will be treated as having been applied for on the first day of the subsequent year.
  • No credit shall be allowed for any expenditures for which a credit was granted under the motion picture investor tax credit.

For more information, please contact:
LOUISIANA ECONOMIC DEVELOPMENT
Philip Mann
Director Live Performance and Music Industry Development
Phone: (225) 342-5521:
Email: Philip.mann@la.gov
Website: www.louisianaeconomicdevelopment.com

Digital Interactive Media and Software Tax Credit

The Digital Interactive Media and Software Development Incentive provides a tax credit of 18% of qualified production expenditures for state-certified digital interactive productions in Louisiana and an additional 79% tax credit for payroll expenditures for Louisiana residents for applications submitted on or after July 1, 2015 and subsequently approved by the office and secretary.

  • 18% tax credit for digital interactive media expenditures made in Louisiana
  • An additional 79% tax credit on payroll expenditures for Louisiana residents
  • No annual cap on tax credits
  • The tax credit is available at the end of each calendar year for a refund of 100% of its value claimed on Louisiana state tax returns. Alternatively, at any time during the year certified applicants can receive 85% of the value earned as a rebate.
  • Application and other filing fees apply.

For more information, please contact:
LOUISIANA ECONOMIC DEVELOPMENT
Thomas Tyler
Director Digital Interactive Media
Phone: (225) 342-5403
Email: Thomas.tyler@la.gov
Website: www.louisianaeconomicdevelopment.com

Musical and Theatrical Production Tax Credit

Investors in state-certified musical or theatrical productions qualify for fully transferable or refundable tax credits according to their total base investment.

Base Investment Tax Credits

  • 7.2% of a $100,000 – $300,000 investment
  • 14.4% of a $300,001 – $1,000,000 investment
  • 18% of an investment greater than $1,000,000
  • Starting with returns on or after July 1, 2018, the credits increase to 10%, 20%, and 25% respectively.

For projects certified on or after July 1, 2013, the project must be a new or rehabilitated proscenium or black box theatre infrastructure project in the state and any expenditures in the state related to the construction, repair, or renovation of such project. The facility’s primary purpose must be to host live performances and it must have minimum capacity of 500. Expenditures that cannot be attributed to the live performance area may comprise up to 25% of the total qualifying expenditures. Application and other filing fees apply.

For more information, please contact:
LOUISIANA ECONOMIC DEVELOPMENT
Christopher Stelly
Executive Director
Entertainment
Phone: (225) 342-5403
Email: chris.stelly@la.gov
Website: www.louisianaeconomicdevelopment.com

Production Projects

Payroll for Louisiana residents employed in connection with a state-certified production is eligible for an additional tax credit of 7.2% of said payroll up to a salary limit of $1 million for any individual.

Payroll for college and vocational technical students in connection with a state-certified production is eligible for an additional 0.072%  tax credit of such payroll. Starting July 1, 2018, this credit increases to 10%. This tax credit cannot be combined with the Louisiana resident tax credit. No annual cap on production tax credits.

Infrastructure Projects

  • No more than $10 million may be granted per state certified infrastructure project
  • No more than $60 million per year for all state certified infrastructure projects

For information, please contact:
LOUISIANA ECONOMIC DEVELOPMENT
Philip Mann
Executive Director
Live Performance and Music Industry Development
Phone: (225) 342-5521
Email: Philip.mann@la.gov
Website: www.louisianaeconomicdevelopment.com

Jefferson Parish Film Industry Incentive Program

In addition to the State of Louisiana offered incentives, Jefferson offers an additional 3% local cash rebate. The Jefferson Parish film office serves as a one-stop shop for all production and location needs in the Greater New Orleans area. We offer a local cash rebate as an addition to the generous state incentives (30% credit on in-state spend plus 5% on Louisiana payroll).

  • This includes 3% of qualified local spend, including payroll for residents & lodging. The criteria for the film project is a minimum local spend of $150,000 and the project must have either its principal Louisiana production office, a used sound stage or filming facility in Jefferson Parish.
  • Productions must submit an audit of spending in Jefferson Parish performed by a Louisiana certified public accountant.
  • Payment of incentives subject to available funding.
  • The program caps at $100,000 per project for new productions and $115,000 per-project for subsequent productions within 12 months of completion of previously produced project.
  • There is a $10,000 cap increase if both production office and sound stage are in Jefferson Parish

For more information, please contact:
JEFFERSON PARISH
Dominique Rotolo
Jefferson Parish Film Office
Phone: (504) 364-2706
Email: drotolo@jeffparish.net
Website: www.filmjeffersonla.com