The Mississippi Motion Picture Incentive Program provides a cash rebate on eligible expenditures and payroll and provides sales and use tax reductions on eligible rentals/purchases. This program is available for nationally distributed motion pictures, television programs, DVDs, documentaries, short films, commercials, video games, including animation and production utilizing new technology. National distribution includes theatrical, broadcast, festival screening, streaming video, and internet delivery.
There is a $50,000 minimum Mississippi investment (local spend) per project. There is a $10 million per project rebate cap. There is a $20 million annual rebate cap. (The Mississippi state fiscal year is July 1-June 30.) There is no minimum requirement for production days or percentage of production spend.
Mississippi Investment Rebate (25%)
A production is eligible for a 25% rebate of their base investment (local spend) in Mississippi. The base investment is based on production expenditures paid to Mississippi companies in the business of providing a particular service or equipment.