With its numerous sound stages, post-production facilities, production services and highly experienced film crews, Louisiana is a tempting destination for film and TV producers. The city of New Orleans, with its historic French Quarter and legendary cuisine, adds to these lures. But the state’s significant 25%-to-40% tax credit, which is partially refundable, is usually what seals the deal.
Specifically, the credit is 40% for resident above-the-line and below-the-line personnel (25% for loan-outs) and 25% for non-resident above-the-line and below-the-line workers. The minimum spend required is $300,000. There is a $20 million project cap for films and a $25 million project cap per season of TV. The compensation cap is set at $3 million, including loan-outs. Read more.