How Do Louisiana Film Tax Credits Work?

Film tax credits generated by the production of film and entertainment projects in Louisiana can be purchased by Louisiana taxpayers.  These credits help offset a portion of your Louisiana tax liability on a dollar for dollar basis.  Tax credits generated by  a production company are offered to the public through a financial institution such as FBT Film & Entertainment.

Important – these film tax credits receive certification from the State of Louisiana making 
them legitimate to be used in the credit inventory.  Never purchase tax credits from a broker 
who cannot offer this state certification.

Once you have identified your Louisiana income tax liability, the taxpayer enters into an agreement to purchase the credits through a certified broker.  The state then transfers ownership and value of the credits to the buyer via the Certificate of Ownership.  When you file your state tax return attach the Certificate of Ownership in order to process it.  Tax credit rebates are typically processed within 60 days from the date you file your return.

Credits are different from deductions in that deductions reduce the amount of income that a taxpayer is taxed upon, while credits offset the taxes directly. The purchase price for tax credits fluctuates with the market.  FBT Advisors will adjust the price periodically, and without notice, to take into account prevailing market conditions, size and inventories.

Purchase Louisiana Film Tax Credits through FBT Film & Entertainment

FBT Film & Entertainment can help you secure the maximum amount of tax credits that you need as well as help decide what to do with all the extra money!  As a leader in the film credit industry we ALWAYS have tax credits available.  Please contact us today for rates and availability.

Please call for inventory and rates.