IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 17 Jul 2009 | Removal date: open ended
Still in force

Tax or social insurance relief

On July 17, 2009, the governor of Ohio signed into law a budget bill (HB 1) including a provision (Sec. 122.85) creating a Film Tax Credit. This is a refundable, non-transferable, tax credit against the corporation franchise or income tax for motion pictures produced in Ohio. The tax credit is equal to 25 percent of non-wage and nonresident wage Ohio production expenditures and 35 percent of Ohio resident wage production expenditures. There is a per project cap of $5 million, and each episode of a TV series qualifies as a separate project. 
In 2016 Governor John Kasich and the Ohio Legislature doubled the annual $20 million cap on the Ohio Motion Picture Tax Incentive to $40 million, while also eliminating a $5 million project cap. Additionally, all eligible expenditures may be credited at 30%. Productions must spend a minimum of $300,000 per project to be eligible for the incentive.

AFFECTED COUNTRIES

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AFFECTED SECTORS AND PRODUCTS

961 Audiovisual & related services

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