Additional base tax credit for productions with expenditures between $50K - $3M that are based on a Louisiana resident screenplay

5%

Additional credit on VFX expenditures for services performed in the state

5-Year Initial Certification

For scripted television series

88%

Tax credits can be transferred back to the state for 90% of face value (a 2% transfer fee results in an 88% net)

$150,000,000

Annual amount of tax credits issued

Qualified Entertainment Company Tax Incentives

Louisiana is the only state that now offers company-based incentives

A Qualified Entertainment Company (QEC) gets tax credits for full time, permanent jobs. A QEC is a company directly or indirectly engaged in the distribution of audio and/or video entertainment content for public consumption. A QEC must create five new quality jobs.

15%

For each new job for wages equal to or greater than $45K/year, up to $66K per year for W2 employees

20%

Credit for each new job for wages equal to or greater than $65K per year for W2 employees