Thursday, April 8, 2010

New incentives for Maine visual media producers!

If you are a film or video maker and you have a project that plans to spend at least $75,000 on production expenses in Maine, then you may qualify for the The Maine Visual Media Incentive!

The production incentives include:

• A wage-tax rebate of 12% of wages for each resident hired
• A wage-tax rebate of 10% of wages for each non resident hired
• An income tax rebate for investors in media projects
• No state sales/use taxes on production items
• No state sales tax on purchases of most fuel and electricity for productions
• Reimbursement on lodging taxes for stays of 28 days or more
• And much more

For more information about this exciting new incentive program visit the Maine Film Office at http://www.filminmaine.com/incentives/default.aspx.

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