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PAINLESS 25% FILM PRODUCTION TAX REBATE |
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New Mexico offers a 25% Tax Rebate on all direct production
expenditures, including New Mexico labor, that are subject to
taxation by the State of New Mexico. This is a refund, not a
credit, on the full amount of the expenditure, not just the tax
portion. (i.e. if the expense of an item including tax is $100,
the rebate is $25). There is no minimum spend required,
no cap, and no sunset clause. Our rebate applies to feature
films, television, regional and national commercials,
documentaries, video games and post-production. Out-of-state
actors will also qualify, though under a separate tax structure.
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FILM INVESTMENT LOAN PROGRAM |
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New Mexico offers a 0% loan, with backend participation in lieu
of interest, for up to $15 million per project (which can represent
100% of the budget) for qualifying feature films or television
projects - animation included.
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Terms are negotiated and budget must be at least $2 million.
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