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NEVADA FILM OFFICE
6655 W. Sahara Avenue, Suite C-106, Las Vegas, NV 89146, http://www.nevadafilm.com
ERIC PREISS, DIRECTOR
Phone: 877-638-3456, lvnfo@nevadafilm.com
INCENTIVE TYPE OF
INCENTIVE
REFUNDABLE/
TRANSFERABLE/
CARRYFORWARD
PER PROJECT
INCENTIVE
CAP
MINIMUM
SPEND
FUNDING
CAP
QUALIFIED
LABOR
LOAN OUT WITHHOLDING / REGISTRATION SCREEN
CREDIT
REQUIRED
CPA
AUDIT
REQUIRED
SUNSET
DATE
ENACTED BILL NUMBER
15% - 25% Spend & Resident Labor (1)
12% ATL NR Labor
Tax Credit No/Yes/4yr $6M $500k $10M
Per Fiscal Year
(7/1 - 6/30)
1st $750k of Each Resident & ATL Nonresident No/No No Yes None S 165
S 94
A 492
(1) The base amount of the tax credit is equal to 15% of the qualified direct production expenditures; however, it is possible to increase the tax credit to 25%. See details below.

Requirements: Submit an application; provide satisfactory proof that 70% or more of the funding for the production has been obtained; if approved, begin principal photography within 90 days after the approval date; incur at least 60% of the direct production expenditures related to preproduction, production, and postproduction (if postproduction will take place in-state) in Nevada; meet the minimum in-state spending requirement of at least $500,000; complete the production within eighteen months from the start of principal photography; and, submit an audited report of qualified direct production expenditures no later than 90 days after completion of principal photography, or if any direct production expenditures for postproduction are incurred in Nevada, not later than 90 days after the completion of postproduction.

Qualified Spend: Qualified expenditures and production costs include, but are not limited to, purchases of tangible personal property or services from a Nevada business on or after the date the application was submitted for the tax credit; and, the first $750,000 of wages or salaries (including fringe benefits) of each resident and above-the-line nonresident providing services in Nevada. The compensation paid to all Nevada resident producers must not exceed 10% (5% for all nonresident producers) of the total expenditures incurred in Nevada.

Summary: This program is not administered on a first-come, first-served basis. The Office of Economic Development has discretion to decide if the production is in the best economic interest of the state. A production company may earn a transferable tax credit equal to 15% of the qualified direct production expenditures (including resident labor costs) plus an additional 5% (for a maximum of 25%) of the qualified direct production expenditures (including resident labor costs) for meeting each of the following requirements: 1) more than 50% of the below-the-line personnel (excluding extras) are Nevada residents; 2) more than 50% of the filming days occur in a county within the state in which, in each of the two years immediately preceding the date of application, qualified productions incurred less than $10 million of qualified direct production expenditures. Qualified salaries and wages paid to nonresident above-the-line personnel will earn a 12% tax credit. The maximum tax credit a project may earn is capped at $6 million.