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: 30 Apr 2015 | Removal date: open ended
Still in force

Tax or social insurance relief

The Georgia General Assembly originally enacted the Georgia Entertainment Industry Investment Act in 2008.
 
On April 30, 2015 the governor of Georgia as signed into law a bill (HB 339) that extends the income tax credit available for qualified film, video, or digital production companies to January 1, 2019, but also requires the commissioner to develop an application process and requires credit recipients to report on the number of full-time employees subject to Georgia withholding.
 
The bill caps the credits at $25 million in 2013 and $12.5 million in subsequent years.
 
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, and from foreign subsidiaries.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

961 Audiovisual & related services

Please report this page in case you detect an inaccuracy in its content.