NY Tax Incentives Extended for Another Year

At least for the next year, NYC indie productions can take advantage of the NY tax incentive. According to Crain’s, the state has approved another $350 million for film and tv productions. Also for those who are shooting in the city, remember the city gives a 5% incentive.

The links provided take you to the city and state regulations and applications on their respective sites. In addition, the Mayor’s Office of Film, etc. has a page with incentives, which include the Federal incentive for lower budget productions. (Please note: their FAQ doesn’t reflect that the bill was extended for the year.)