|Arizona Motion Picture Production Program||https://www.investinphoenix.com/industries/film/arizona-motion-picture-production-program||Arizona Motion Picture Production Program||Arizona is launching a new program in 2023 that will offer tax credits to qualified film, television and commercial productions that primarily film in the state.||<div class="ExternalClass531406E5FC3A4F58843A40E5D8E28772"><h1>Arizona Film Incentives</h1><p>Beginning January 1, 2023, Arizona will begin offering refundable tax credits for the multimedia industry with final program rules and an application process published in September of 2023. Following is a brief overview of the program or you may read the final bill below.</p><p class="h2">
</p><h2>Annual Tax Credit Cap</h2><p>In calendar year 2023: $75,000,000</p><p>In calendar year 2024: $100,000,000</p><p>In calendar year 2025, and each year thereafter: $125,000,000</p><ul><li>
<strong>NOTE 1:</strong> $25,000,000 is the cap allowed in a calendar year for filming at Practical Locations meaning the balance is only applicable for studio construction and/or filming occurring at the studios. Policy shall include bodily injury, property damage and broad form contractual liability coverage.</li><li>
<strong>NOTE 2:</strong> Unused credits will roll up to the following calendar year</li></ul><p class="h2">
<p>Up to $10M = 15%</p><p>$10M to $35M = 17%</p><p>$35M and up = 20%</p><p class="h2">
</p><h3>Credit Allocation Bumps</h3><p>2.5 percent on below-the-line resident labor costs;</p><p>2.5 percent of the total amount of qualified production costs if:</p><ul><li>The production company uses a qualified production facility in the state to produce the motion picture production; or,</li><li>The production company films primarily at a practical location produces and films the project primarily in Arizona and performs ALL preproduction, postproduction, and editing at an in-state qualified production facility;</li></ul><p>2.5 percent of the total amount of qualified production costs if the production is produced and filmed in association with a "long-term tenant", as defined, of a qualified production facility.</p><p>Phoenix Film Office staff are happy to discuss the latest updates and how the incentive could be applicable to your project!
<a href="mailto:firstname.lastname@example.org">Please send us an email to email@example.com</a> with your phone number and we will call you to discuss the benefits of filming in Phoenix!<br></p></div>||/images/FilmTaxCreditBanner.jpg||/images/AZProgramImg.jpg||arizona-motion-picture-production-program||Arizona Motion Picture Production Program||Film||industries/film/arizona-motion-picture-production-program|