NEW JERSEY

2% on qualified labor provided that the application is accompanied by a diversity plan; the plan is approved; and the New Jersey Economic Development Authority has verified that the applicant has met or made good faith efforts in achieving the goals stated within the diversity plan

30% on all qualified expenses for goods and services used within a 30 mile radius of Columbus Circle. Qualified goods and services used outside of the 30 miles radius are calculated at 35%.

2% on qualified production expenses provided that the application is accompanied by a diversity plan; the plan is approved; and the New Jersey Economic Development Authority has verified that the applicant has met or made good faith efforts in achieving the goals stated within the diversity plan

A production company must begin principal photography within 180 days of the original application date or 150 days from the date of approval of the application by the New Jersey Economic Development Authority. Applications will be considered on a first come, first served basis.

Individual: Not Required

Loan-out: 6.37%

• Reality television shows qualify for tax credits only if the production
  company producing the show has owned or leased a production facility of
  at least 20,000 sq. ft. for a minimum of 24 months, and has invested at
  least $3 million in the facility, which must be located in a designated urban
  enterprise zone.
• Digital media projects can receive a 30%-35% tax credit and have
  different requirements.