Showing posts with label movie production. Show all posts
Showing posts with label movie production. Show all posts

Tuesday, July 07, 2009

Financial Benefits for Film Industry 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