The Digital Interactive Tax Credit program provides a tax credit against Louisiana Income or Corporate Franchise Taxes of up to 20% of qualified production expenditures for state-certified digital interactive productions. The Tax Credit is available to businesses in the digital media industry that generate products for distribution on electronic media, including via downloads over the Internet and video gaming. The Tax Credit does not apply to products that are essentially interpersonal communications services m=nor does it apply to products regulated under the Louisiana Gaming Control Law. Benefits include the following:
- 20% of the base investment in Louisiana for a digital media production
during the first and second years of operation.
- 15% of the base investment in Louisiana for a digital media production
during years 3 and 4.
- 10% of the base investment in Louisiana for a digital media production
during years 5 and 6.
There is no annual cap on the amount of tax credits that can be claimed. These tax credits can be applied to the entity's tax liability or sold.
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