DEVELOPING INNOVATIVE STRATEGIES FOR
A STRONGER INDIANA
The Indiana Film and Media Production Incentive Program will provide a refundable tax credit to taxpayers that make qualified production expenditures in Indiana and meet the criteria established to become a qualified production. Eligible productions with qualified ...
Indiana is missing out on valuable income taxes associated with the film industry. Most states around us are aggressively pursuing these dollars but Indiana is not. Production of significant film and media projects in Indiana can generate work and stimulate our economy.
There are many ways in which those working in film and media production can support this effort. It can begin by contacting us to see what you can do as an individual or business. We can help you draft letters to your State Representative, State Senator, and Governor to start. Join us!
Indiana is missing out on valuable income taxes associated with the film industry. Every state around us is aggressively pursuing these dollars but Indiana is not. The facts demonstrate the production of significant film and media projects in Indiana can generate work and stimulate our economy.
A tax incentive will strengthen our existing production companies by providing a more sustainable economic base. It will also attract outside companies to film within the state, using in-state labor and purchase of goods. It has been reported in other states that as these production companies generate locally-based spending, and every $1 credited can represent compound economic activity for our state.
Instituting a tax incentive also provides an incentive to Indiana corporations to keep their marketing dollars here –supporting local production of commercials and providing income for our film professionals.