Community Spotlight
Connecticut Digital Media & Motion Picture Tax Credit Project
By State of Connecticut
Aug 28, 2006, 06:39

What happens when you combine majestic shorelines, quiet meadows, old world architecture, bucolic town greens, mill town grunge, skilled crew base and 30% tax credits?

What to do.

            Spend in excess of $50,000 in Connecticut for pre-production, production or post-production expenses on a qualified production and receive tax credits up to 30% of qualified Connecticut spending for goods, services and labor.  No annual cap and no per-production cap.

How to do it.

First, an eligible production company submits a pre-application no later than 90 days after the first qualified production expense is incurred in Connecticut. Receive an eligibility certificate certifying that the production  is a state-certified qualified production.

Second, the eligible production company applies for a tax credit certificate no later than 90 days after the last qualified production expense is incurred in Connecticut.

What you get.

A non-refundable transferable tax credit certificate is issued to the state-certified qualified production. The tax credit may be sold and applied against the corporation business tax. It may be carried forward for 3 years.

Details

Pre-Application, Instructions, and Required Additional Forms
Access the PDF document and complete online.  Print out and mail as per instructions.

Statutes       

Printable Version