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 EMPIRE STATE FILM POST PRODUCTION CREDIT

As this is the first legislation of its kind in the country, New York is once again leading the way in encouraging film and television projects to take advantage of its world-class talent and facilities.

This program differs from the existing PRODUCTION TAX CREDIT in that it is for projects that did not necessarily shoot in New York, due to any number of reasons (script, location, etc.) But when that project chooses where to go for Post Production, this credit incentivizes them to choose New York!

The Post Production Credit is a fully-refundable 30% (35% for upstate NY) tax credit on post production costs: the main determining factor is that a project must spend 75% of the post production costs in New York.
  Almost all costs "qualify" for the credit: picture, sound, music recording, visual effects, titles and lab finishing costs.

Applications are available now on the New York Governor's Office for Motion Picture and Television Development website.

Productions are required to submit the Post Production Tax Credit application before the last day of Principal Photography.

If you have any further questions, please email Yana Collins Lehman at yana@trevanna.com.

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