Description: Film Compound is a Louisiana production service with a focus on delivering Louisiana film and television tax credits to production companies shooting commercials in Louisiana. Television commercial producers shooting in Louisiana can garner 30% in Louisiana film and television tax credits, plus an additional 5% for Louisiana labor.
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The Louisiana Motion Picture Industry Development Tax Credit provides a 30% tax credit on qualified expenditures with no project or program caps (on qualified Louisiana expenses).
Payroll expenditures for Louisiana residents qualify for an additional 5% tax credit (35% effective total tax credit rate).
Calculations based on monetizing tax credits at .85 on the dollar, selling to the State of Louisiana.