Rhode Island Film Production Tax Credit Summary
- Personal income, corporate income, bank excise, and insurance premiums tax offset.
- May offset 100% of a taxpayer’s liability.
- Credit must be utilized during the year of transfer or within the 3-year carryforward period.
- Sunset date: June 30, 2029
- Transfer fees apply.
- Certificated and transferable tax credit.
Additional Info About Film Credits
Legislation
R.I. Gen. Laws § 44-31.2
Regulation
Rules and Regulations for the Certification of Motion Picture Production Tax Credits
Rhode Island Film and Television Office
Steven Feinberg, Executive Director
1 Capitol Hill, 3rd Floor
Providence, RI 02908
401.222.3456
steven.feinberg@arts.ri.gov
www.film.ri.gov
Investing
Interested in investing in film credits to boost Rhode Island’s economy?
Monetizing
Interested in monetizing and placing your Rhode Island film credits?
Rhode Island Historic Tax Credit Summary
- Applicable against the Rhode Island corporate income tax, individual income tax and insurance premium tax.
- May offset 100% of a taxpayer’s liability.
- Excess credits carry forward 10 years. No carry back.
- Credits are subject to a 2-year recapture period.
- Credits are transferable.
Investing
Interested in investing to preserve historic buildings in Rhode Island?