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New Mexico
Incentive:
25% - 30% Refundable Film Production Tax Credit
Credit:
30% Credit for Qualifying TV on Resident Labor for Certain Features
25% Credit for all Other Qualifying Projects
5% (on top of the 25%) for some Features, Standalone TV Pilots and Television Series
Requirements:
Project Cap: None
Minimum Spend: None
Program:
Annual Funding Cap: $50,000,000
Loan-out Registration: Yes
CPA Audit: Yes
Screen Credit: Yes
Sunset Date: None
Application and tax agreement must be submitted prior to principal photography beginning.
Website: http://www.nmfilm.com/Incentives.aspx
Legislation: https://www.nmlegis.gov/Sessions/15%20Regular/final/SB0565.pdf
New Mexico Film Office
1100 South Saint Francis Drive, 1st Floor, Suite 1213
Santa Fe, New Mexico 87505
(505) 476-5600
info@nmfilm.com
Leslie Fleming-Mitchell
Production and Incentive Controller
(505) 476-5605
Leslie.Fleming-Mitchell@nmfilm.comProduction Resource Directory
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