North Carolina Film Incentives

North Carolina offers a 25% refundable tax credit . TheĀ 25% film incentive is in effect for a single production who report the qualified expenses on their tax return beginning with the taxable year 2011.

SUMMARY OF NORTH CAROLINA FILM INCENTIVE

Incentive 25% refundable tax credit
Per Project Cap $20 million (television series are not subject to per project cap)
Minimum Spend $250,000
Annual Cap No cap
Qualified Labor First $1 million of each resident & nonresident qualify
Loan Out Withholding Yes. 4%
Audit North Carolina pays for the audit
Screen Credit Required Yes
Qualifying Expenses Goods / Services / Compensation & Wages / Production-Related Insurance / Fringes / Per Diems / Living Expenses & Stipends
Qualifying Productions Feature Films / Direct-to-Video / Episodic Television Series / Movies of the Week / Television Mini-Series / Reality Television / Commercials / Documentaries / Animation Productions / Webisodes
Application File Intent to Film online form prior to start of production
State-Owned Property Fee-free usage
Sunset Date January 1, 2015

Information courtesy of the North Carolina Film Office. For details click here.