IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 25 Apr 2017 | Removal date: 31 Dec 2022
Still in force

Tax or social insurance relief

On April 25, 2017 the governor of Georgia signed into law a bill (House Bill 199) expanding tax credits offered to the film industry. While the state has offered tax credits to this industry since 2008, the post-production portion of the business had not previously been eligible for support. The bill will provide a 20% tax credit for post-production companies. To qualify for these benefits, a firm must have at least a $250,000 payroll in Georgia and spend at least $500,000 per tax year. The new credit for post-production work will be capped at $5 million in 2018, $10 million in 2019, and $15 million from 2020 through 2022. No single company can get more than 20% of the total statewide credit.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

961 Audiovisual & related services

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