Film Tax incentives

30%

The Louisiana Motion Picture Industry Development Tax Credit provides a 30% tax credit on qualified expenditures with no project or program caps (on qualified Louisiana expenses).

5%

Payroll expenditures for Louisiana residents qualify for an additional 5% tax credit (35% effective total tax credit rate).

  Total Spend 30% Production Credit 5% labor Credit Cash Equivalent
  $300,000 $90,000 $6,000 $81,600
  $700,000 $210,000 $14,000 $190,400
  $1,000,000 $300,000 $20,000 $272,000

Calculations based on monetizing tax credits at .85 on the dollar, selling to the State of Louisiana.

Qualifying Production Expenditures - the following expenses are eligible to earn tax credits: preproduction, production and postproduction expenditures directly incurred in this state that are directly used in producing the production, whether the production company directly contracts or subcontracts such work, including without limitation the following:

a. set construction and operation;

b. wardrobes, make-up, accessories, and related services;

c. costs associated with photography and sound synchronization, lighting, and related services and materials;

d. editing and related services;

e. rental of facilities and equipment;

f. leasing of vehicles;

g. costs of food and lodging;

h. digital or tape editing, film processing, transfer of film to tape or digital format, sound mixing, special and visual effects (if services are performed in Louisiana);

i. total aggregate payroll (limited to the amount of total payroll expended in Louisiana and which is taxable to the recipient in Louisiana. A Louisiana tax return is required to be filed reflecting the amount of compensation paid while the recipient is located in Louisiana. If the recipient is not a Louisiana resident, then a non-resident income tax return should be filed);

j. music, if performed, composed or recorded by a Louisiana resident, or released or published by a Louisiana-domiciled and headquartered company;

k. airfare, if purchased through a Louisiana company;

l. insurance costs or bonding, if purchased through a Louisiana company;

m. payments to a loan-out or personal services corporation for the services of an out-of-state hire are allowed as long as the services are performed in Louisiana on a state certified production;

n. cost of the independent audit of the tax credits.

What we do

It took us three years to launch this company. We can't possibly count the number of meetings we've had with bankers, lawyers, tax accountants and the Louisiana Office of Economic Development. Or, how many cups of Starbucks coffee we purchased along the way (not to mention the number of billable hours we racked up with the aforementioned attorney). What we learned is that we know a helluva lot about Louisiana production tax credits. So, besides the fact that we're veterans of the business, we've formed strategic alliances, with attorneys and accountants, who've filed countless tax credit applications, successfully time and time again. We'll do the same for you.

Here's how we do it:

  • Advise Producers to ensure proper spending to earn credits
  • Advise auditor and review audit report
  • Prepare final certification documents
  • Negotiate with the state office of Louisiana Economic Development,
    providing budget actualization, audit and issuance (generally 60-90 days)
  • Advise on any issues that arise in connection with initial and final certification
  • Prepare documentation necessary to sell credits to the state
  • Broker the sale and transfer of tax credits
  • Offer full service production
  • Provide Producers, Production Management, Production Coordination
  • Offer accounting and payroll services and production insurance
  • Handle all bookkeeping/accounting (for crew and vendors)

 

All legal and audit accounting services performed by a Louisiana Tax Attorney and a state accredited CPA tax credit auditor.

Our experience

Debbie Koppman
Executive Producer

Brian Bain
Managing Partner

We have over 40 years combined experience in the commercial, film and television industry.  We have key relationships with the commercial production industry and understand the industry’s nuances and needs. Debbie's been lovingly referred to as "the enforcer, the mother hen, the CPA, the disciplinarian and the general, marshaling dozens into single file".  She's a take charge girl, but with a sense of humor about it. Brian, born and raised in New Orleans, is a southern filmmaker and the epitome of a southern gentleman. And he's drawn upon his Southern roots to tell countless stories in commercials, film, documentaries and television.

Our expertise includes producing, directing, managing operational logistics, financial negotiations, budgeting and sourcing. We are able to expertly jump from managing the myriad costs of production to the entirely different tasks of creative contribution and quality control.

We're an AICP company and an IATSE signatory.

We've worked with

  • The Home Depot
  • Lowes
  • Travelocity
  • ESPN
  • Pepsi
  • Dairy Queen
  • Nationwide Insurance
  • Denny's
  • Louisiana Tourism
  • Church's Chicken
  • Long John Silvers
  • Cox Communications
  • Comcast
  • Budweiser
  • Miller Beer
  • Binaca
  • Pioneer
  • Joe's Crab Shack
  • Tire Rack
  • HEB
  • Bing
  • Belk Department Stores
  • Partnership for a Drug Free America.
  • Nissan

Locations

We maintain an extensive collection of sights and scenes of Louisiana and surrounding areas. Here are a few prime locations.