Alaska Film Incentives
Program Summary
The Alaska Film Production Incentive Program is an economic development initiative created to encourage growth of the film industry in Alaska. Applicants can qualify for up to 44% in a transferable tax credit on qualified production expenditures in Alaska.
What projects are eligible? Eligible projects are broadly defined as film, documentary, commercials, and video projects. We require a minimum of $100,000 of qualified expenditures in Alaska. Unlike some incentive programs, we do not have salary caps or project caps. We do not require your company to be domiciled in Alaska, nor do we have minimum requirements for principle photography days or Alaska hire. However, we provide additional incentives for Alaska hire, off-season production and productions filmed in rural locations. Below is a summary of Alaska’s Tax Credits:
| Tax Credit | Value | Requirements |
|---|---|---|
| Base Credit | 30% | Production expenditures must be made in Alaska. |
| Alaska Hire | +10% | Wages paid to Alaska residents receive an additional 10% credit. |
| Seasonal | +2% | Production expenditures made between Oct. 1 and Mar 30 receive an added 2% credit. |
| Rural Location | +2% | Production expenditures made in a rural area also receive an added 2% credit. |
| Maximum Possible Credit | 44% | Portions of a production with an Alaskan crew, filmed in rural Alaska between October and March. |
| Note: Alaska has no State Income Tax and no statewide Sales Tax, so our incentive program is just the tip of the iceberg of your possible Alaska savings. | ||