georgia film tax credit broker

The Georgia Department of Revenue GDOR offers a voluntary program. This is an easy way to reduce your Georgia tax liability.

Essential Guide Georgia Film Tax Credits Wrapbook

The broadening of this legislation permits a Georgia corporate fiduciary or individual taxpayer to purchase these credits to offset their Georgia income tax liability.

. Entertainment Film Credits. The Strategic Group is an experienced and trusted partner in Georgia entertainment tax credits with relationships with some of the largest productions. How-To Directions for Film Tax Credit Withholding.

If you would like additional. These incentives come in the form of tax credits that can be. State Tax Incentives brokers the sale of state entertainment tax credits from film production studios to taxpayers.

Most of the credits are purchase for 87-92 of their face value. An additional 10 credit. For example you could purchase 20000 of 2017 Georgia Entertainment Credits for 17400 resulting in an immediate savings of.

The mandatory film tax credit audit is based on the date the production was first certified by the Department of Economic Development DECD and the credit amount according to the. So for example if you had a Georgia income tax liability of 50000 you could purchase enough credits at 89 of there. An audit is required prior to utilization or transfer of any earned Georgia film tax credit that exceeds 25 million in.

These entertainment tax credits can be used to offset state income tax. Georgia offers remarkable incentives for post houses and producers of filmed entertainment tv spots eSports and video games. Film credit brokers typically make 2 3 cents per dollar of credit sold.

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