Tuesday, July 7, 2009
Film Industry Gains Financial Benefits in Michigan
April 2008 legislation helped to bring the motion picture industry to Michigan. It has had a positive impact on the local economy, creating jobs and bringing the best and brightest back to Michigan.
Fast Facts
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Must spend at least $50,000 in Michigan to be eligible.
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40% refundable tax credit, across the board on Michigan expenditures.
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Claim an extra 2% if filming in one of the 103 Core Communities in Michigan (click the link to download and print a map of the core communities).
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Labor and Crew: 40%-42% Resident Below the Line. 40%-42% Above the Line regardless of domicile. 30% Non-resident Below the Line.
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$2 million salary cap per employee per production. There is no other cap and no sunset.
For more information go to http://www.michiganfilmoffice.org/Production-Directory/FAQs/Default.aspx
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