Incentives Report
                   Of a feature film project "Blue Bird"
    
                               By Chong Zhang
  Georgia USAIncentive Type: Transferable Refundable Tax
Credit

20 percent base transferable tax credit

10 percent Georgia Entertainment Promotion (GEP)

uplift can be earned by including an embedded
Georgia logo on approved projects and a link to
ExploreGeorgia.org/Film on the project's landing page
 Eligible Projects
The $500,000 annual minimum expenditure threshold
Only production companies are eligible to apply
Production expenditures must be made in Georgia from a
Georgia vendor to qualify
Post production of Georgia-filmed movies projects qualifies
if post done in Georgia
Qualified expenditures include materials, services and labor
Development costs, promotion, marketing, story rights and
most fees do not qualify
 Apply Process
Submit both the application(20%+10%)  to Georgia Department of
Economic Development (GDEcD) with required supporting materials:
script and proof of funding before the wrap of principal photography in
Georgia, to certify the project.  
Once the project meets the criteria for certification, the production
company will receive a certification letter from GDEcD, be awarded at the
20% level.
Get prior approval of GDEcD for the GEP Logo be used in a project.
 Produces original content, fulfills the reporting requirements and submits
the supporting materials.
Complete an audit.
Submit a completed GDEcD-D form when the project is distributed.
 Apply Process(cont.)
Receive an additional certification letter for the 10% award from GDEcD.
Production company files a Georgia income tax return to claim the earned
tax credit.
Attach the following files to the Georgia tax return:
I. The certification letter
II. Description of qualified production activities and expenditures proving the base
investment has been met
III. A list of employees including names, Social Security numbers and Georgia wages
IV. Completed GDOR FORM IT-FC
  Why Choose Georgia USA
The income tax credit may be used against Georgia income tax liability or
the production company’s Georgia withholding, or it can be sold or
transferred to one or more Georgia taxpayers.
The credit applies equally for Georgia residents and non-residents.
Production companies do not have to be incorporated or headquartered in
Georgia or hold a Georgia bank account to qualify for the tax credit.
No limits or caps on Georgia spend. No sunset clause.
There is a salary cap of $500,000 per person, per production, when the
employee is paid by “salary”.
No salary cap on individuals paid by 1099, personal service contract or
loanout
    CanadaIncentive Type: Refundable Tax Credit
The Film or Video Production Services Tax
Credit (PSTC) is a refundable corporate
income tax credit which is calculated as
16% of the qualified Canadian labour
expenditures for an accredited production.
 Eligible Projects
A taxable Canadian corporation or a foreign-owned
corporation which carries out at least 50% of activities
through a permanent establishment in Canada
Primarily conducting business in film and video production
or film and video production services
The eligible corporation must also either own the copyright
in the accredited production, or have contracted directly
with the copyright owner of the production to provide
production services for the production.
 Apply Process
Contacting CAVCO. Create a CAVCO Online account.
Complete the Official Designee form.
Submitting an application to CAVCO with required Documentation:
Corporate documentation (Name and contact information of copyright owners, official designee
information);
Financial information (Budget or top-sheet, total Canadian expenditures);
Expenditures documentation (final budget, total labour expenditures);
Production details (Synopsis, production type, target market, production format, number of shooting days in
Canada, primary location of shooting);
Chain-of-title documents (Ownership history, percentage of ownership of each copyright holder);
Episode titles, if requested by a program officer;
Attestation, signed, for online applications this must be printed and mailed with the Application fee; and
Application fee made out to the Receiver General of Canada, and sent to CAVCO.
  Why Choose Canada PSTC
The film's background sets in Montreal to utilize exotic locations to drive
international interest, and there will be a lot of scenes shooting in Montreal.
Canadian Film or Video Production Tax Credit (CPTC) has a conflict with
Georgia's film tax incentive's condition for post-production's locations. 
PSTC Eligible Expenditures: Companies can receive a refundable corporate
income tax credit for qualified Canadian labour expenditures paid, which
is perfect for my production plan, hiring Canadian labour in Montreal, and
making post-production in Georgia.
 Works Cited
1. Canadian Audio-
Visual Certification Office,  "Film or Video Production Services TaxCredit." 
Film or Video Production Services TaxCredit Government of Canada. CAVCO, PSTC, 2022, 
https://www.canada.ca/en/canadian-heritage/services/funding/cavco-tax-credits/film-vi
deo-production-services.html
. Accessed 25 Jan.2023.
2. Georgia Department of Economic Development, "Georgia Film Tax Incentives and
Application Process." Georgia USA. GDEcD, GDOR,
2023 ， https://www.georgia.org/industries/film-entertainment/georgia-film-tv-
production/production-incentives. Accessed 25 Jan.2023.
3. Horst, Carole. “Slow Return to Shooting.” Variety, vol. 349, no. 5, 2020, pp. 80-
81. Proquest, 
https://www.proquest.com/docview/2441574616/fulltext/9F275BB8E9A24E77PQ/1
?accountid=13479
. Accessed 25 Jan.2023. 
4. The Wrapbook Team. "Film Industry Tax Incentives: State-by-State." Wrapbook. 2023, 
https://www.wrapbook.com/blog/film-industry-tax-incentives. Accessed
25 Jan.2023.