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Oklahoma Film Enhancement Rebate
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Effective July 1, 2009
The Oklahoma Film Enhancement Rebate offers up to 37% on Oklahoma expenditures to qualifying companies filming
in the state capped at $5 million per year.
The rebate is extended to film, television and commercial productions.
The company must have a minimum budget of $50,000 and spend $25,000 in Oklahoma.
The company must provide proof of complete financing prior to commencement of principal photography. If the film is not bonded,
no rebate money will be released until evidence is provided that all Oklahoma crew and vendors have been paid, along with evidence
that there are no liens against any production company in the state of Oklahoma.
General liability insurance with minimum coverage of $1 million, and workers’ compensation policy pursuant to state law are required.
Rebate is payable beginning July 1 following the fiscal year in which documented expenditures were made.
To download the Oklahoma Film Enhancement Rebate Application Adobe Reader 9 is required.
To download Adobe 9 please CLICK HERE
To download the Oklahoma Film Enhancement Rebate Application please CLICK HERE
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Construction Tax Credit
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Tax Credit for Construction of Oklahoma Film & Music Facilities
The Oklahoma Film & Music Office offers state income tax credits to investors building film or music production facilities in the state.
On the construction of music production facilities, investors can receive:
10% state income tax credit on a construction project with a minimum expenditure of $100,000
25% state income tax credit for projects with a minimum expenditure of over $1 million
On the construction of film production facilities, investors can receive:
10% state income tax credit on a construction project with a minimum expenditure of $350,000
25% state income tax credit on a construction project with a minimum expenditure of $1 million.
Effective July 1, 2009
Credit cannot exceed Oklahoma taxpayer’s liability. Credit is non-assignable and non-transferable.
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Reinvestment Tax Credit
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Tax Credit for Oklahoma Film & Music Projects gives state taxpayers who invest in film or music projects produced in Oklahoma a 25% income tax credit on profits made when those profits are reinvested in another film or music project produced in Oklahoma. Credit cannot exceed Oklahoma taxpayer's liability. Credit is non-assignable and non-transferable.
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Point of Purchase Tax Exemption to qualified productions on sales taxes paid for property or services to be used in productions. There is no minimum budget or expenditure requirement to take advantage of this incentive. The state’s current sales tax is 4.5%. Local taxes, which vary from city to city and county to county, average between 3% and 4%.The POP tax exemption cannot be used in conjunction with the 35-37% rebate.
Download Point of Purchase Sales Tax Exemption form
CLICK HERE
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