Pennsylvania Film Production Tax Credits

Pennsylvania Film Production Tax Credits:

  • Applicable against the Pennsylvania corporate income tax, personal income tax, premium tax, capital stock and franchise tax, and the bank shares tax.
  • May offset 50% of taxpayer’s liability.
  • Credits must be claimed in the taxable year in which the purchase or assignment is made.
  • No credit carryforward or carryback is allowed for purchaser or assignee.
  • Credits are certificated by the Department of Community and Economic Development.
  • Recapture if taxpayer claiming the credit fails to incur the amount of qualified film production expenses agreed
Other states offering film / entertainment tax credits