EP Services Offered
Tax Credit Financing
Tax Credit Placement
Eligible Production Types
Location Production Needs
|Incentive||25%-35% Refundable Tax Credit|
|Non-Resident BTL||15% (limitations apply)|
Qualified expenditures include direct production and postproduction expenditures made in NM, that are subject to taxation by the state and directly attributable to the production.
|Compensation Cap||$5M Credit|
Productions must file initial application materials with the NM Film Office at least 30 days prior to that start of principal photography.
|Income Tax Withholding|
Individual: Not Required (resident)
Loan-out: Requirements vary, please contact firstname.lastname@example.org for more information
Payments to nonresident performing artists, being paid through a loan-out company, qualify if paid through a Super Loan-Out (SLO) company that charges a Gross Receipts Tax (GRT) and has taxes withheld at 5.9%.
New Mexico Film Office
Amber Dodson, Director