The Louisiana Office of Live Performance Development offers tax incentives, industry expertise, and opportunities for collaboration with the state's top educational institutions to the owners, developers and producers of live performance infrastructure and production projects. A minimum of $100,000 must be invested in live performance or infrastructure projects in order to qualify for the program. Production and infrastructure incentives include the following:
- 10% tax credit against Louisiana Corporate or Franchise Taxes for the base investment for expenditures between $100,000 and $300,000.
- 20% tax credit for the base investment for expenditures between $300,000 and $1 million.
- 25% tax credit for the base investment for expenditures over $1 million.
Additional Incentives
- 10% additional tax credit for the payroll of Louisiana residents.
- A transportation cost tax credit for the shipment of live performance-related property.
- The accumulated tax credits can be sold or applied against Louisiana tax liabilities.
- Infrastructure tax credits are capped at $10 million per project and there is a $60 million cumulative state cap.
- There is no annual cap on the production tax credits.
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