A 10% tax credit is available for qualified expenditures in New Mexico areas at least sixty miles outside the Santa Fe and Albuquerque City Halls.

New Mexico offers a film production tax credit for film production companies that have direct production and direct post-production expenditures that are ...

Incentive, 25%-40% Refundable Tax Credit. Labor. Resident ATL, 25%. Resident BTL, 25%. Non-Resident BTL, 15% (limitations apply). Qualified Spend.

The credit covers postproduction expenditures directly attributable only to services performed in New Mexico and subject to taxation by the state of New Mexico.

6 февр. 2024 г. · Productions that are awarded a New Mexico film tax credit can get a 25% credit for each above the line resident that the production employs.

We're breaking down the New Mexico Film Tax Credit: what it covers, how to apply, and if the New Mexico production incentive is right for you.

The aggregate total amount of credits authorized for payment under the Film Production Tax Credit Act in any fiscal year is limited to $50 million. A film ...

The film production company may apply all or a portion of the new film production tax credit granted against personal income tax liability or corporate income ...

Start with a 25% Base with the Refundable Film Production Tax Credit · Stack 15% more with the Rural Uplift and QPF or Episodic Television · Reimbursement for ...

3 июл. 2024 г. · New Mexico tax authorities denied an application this spring by Rust Movie Productions for incentives worth as much as $1.6 million.