Incentives

Investors in South Carolina-created motion pictures and/or production/post-production facilities are entitled to state income tax credits based upon their investment amount. Application by the production company and certification by the South Carolina Film Commission is required for all.

Motion Picture Project Tax Credit

• A taxpayer may claim an income tax credit of up to twenty percent (20%) of the taxpayer's cash investment in the development or production of a single SC motion picture.
• Credits are limited to $100,000 per taxpayer.
• Unused credit may be carried forward fifteen (15) succeeding taxable years.
• All Credits cannot reduce a taxpayer's income tax liability by more than fifty percent (50%) for any given year.

Please click here to read the official wording from SC Dept. of Revenue

Production/Post-Production Facility

• A taxpayer may claim an income tax credit of up to twenty percent (20%) for the construction or conversion, or equipping, or any combination of these activities of a motion picture production or post-production facility. Minimum investments in the facilities apply.
• Total credits claimed by all taxpayers may not exceed $5,000,000 in a single qualified facility.
• Unused credit may be carried forward fifteen (15) succeeding taxable years.
• All credits cannot reduce a taxpayer's income tax liability by more than fifty percent (50%) for a given year.

Please click here to read the official wording from SC Dept. of Revenue