Motion Picture Production Tax Credit 25% tax credit granted on in-state expenditures exceeding $300,000 related to the production of a motion picture. An additional 10% is granted based upon the total Louisiana residents hired on the production.
Infrastructure Tax Credit 40% tax credit granted on expenditures related to infrastructure that supports and services the motion picture industry.
Sound Recording (On Production & Infrastructure) If the total "base investment" is greater than $15,000 each taxpayer is allowed a tax credit of 25%
Digital/Interactive Media For years 1 & 2, the producer shall earn tax credits at the rate of 20% of the base investment for that year.
For years 3 & 4, the producer shall earn tax credits at the rate of 15% of the base investment for that year.
For years 5 & 6, the producer shall earn tax credits at the rate of 10% of the base investment for that year.
*Tax information courtesy of the Louisiana Department of Film and Television.
The heady mix of brand-spanking-new facilities, skilled local talent, and budget-friendly tax breaks makes a compelling case for moving your production to LA (Louisiana that is).
David English
March 1, 2008 Source: Studio Monthly
The heady mix of brand-spanking-new facilities, skilled local talent, and budget-friendly tax breaks makes a compelling case for moving your production to LA (Louisiana that is).
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(Top of page) The screening room at Swelltone Labs in New Orleans, just three blocks from the French Quarter; (Above) In a scene from Labou, which is based on a local New Orleans legend, actress Marissa Cuevas stands with Labou, a magical creature from the bayou who inspired jazz.
Digital FX’s digital studio and greenscreen
Digital FX films a commercial in their $2 million full-service studio in Baton Rouge for Lee Michaels, a local jeweler.Digital FX created this 3D animated spider for a National Geographic special. The studio favors Softimage XSI for 3D digital effects.
Comments (2) for "Hollywood Now Serving Cajun"
1.
The Louisiana Film Crew Training Program (LFCTP) is beginning it’s second year of a recovery workforce initiative to build skilled Louisiana crew for film and television production careers. The goal is to teach 228 people by 2009 for careers in the film and television production.
We've now graduated 44 students for entry-level jobs as either Grips/Electric or PA's. The majority of LFCTP grads were working shortly after graduating from the intensive training program. We begin our next PA class in mid-March 2008 and will introduce both a Set Construction class and a Scenic Painting class this summer. We’re also developing classes for 2nd AC’s, Wardrobe, Props, and other roles based on employee demand.
HUD and the Louisiana Recovery Authority fund the Louisiana Film Crew Training Program as part of the larger Recovery Workforce Training Program put in place following Hurricane's Katrina and Rita. The Louisiana Workforce Commission administers the Louisiana Film Crew Training Program. For more information, visit www.novacvideo.org.
Posted by Tim Ryan on Thursday, March 13, 2008 @ 02:45 PM
2.
I'm glad that the word is getting out that we down here in the Katrina area are trying to come back stronger than we were before. New Orleans is one of the friendliest film cities around. There is so much to offer down here. Y'all come on down, ya hear?
Posted by LanieE on Saturday, August 23, 2008 @ 12:17 AM
