Rates & additional benefits
30% production company investment credit. The official page does not state whether this credit is refundable or nonrefundable.
Production type & commercial eligibility
Commercials included. Eligible Wisconsin-based production companies creating feature and short films, scripted and unscripted television series, documentaries, and broadcast advertising can apply for investment tax credits.
Qualifying expenditure
The credit applies to purchases of eligible property and to costs to acquire, construct, rehabilitate, remodel, or repair real property for eligible in-state production companies. Eligible company projects expressly include feature and short films, scripted and unscripted television series, documentaries, and broadcast advertising.
Labor & residency
Not stated in the cited sources. Confirm this requirement with the administering agency.
Application timing
All eligible projects must apply for accreditation and be certified by Film Wisconsin; applications are reviewed on a rolling basis. After completion, an independent Wisconsin-licensed CPA verifies actualized expenses and Film Wisconsin issues the Tax Credit Certificate.
Caps & funding conditions
The official page states that each fiscal year will have a $5 million allocation; it does not state a separate investment-credit allocation or a per-project cap.
Audit requirements
An independent certified public accountant licensed in Wisconsin must verify actualized expenses before Film Wisconsin determines the final credit and issues the Tax Credit Certificate.
Receiving the incentive
The recipient of a Tax Credit Certificate may use it or sell or transfer the credit to another taxpayer, subject to approval by the Wisconsin Department of Revenue.
Program dates
- Effective date
- Not stated
- Program end date
- Not stated
A program end date is not necessarily an application deadline.