Digital Media & Software Tax Incentives

With more than $1.5 billion spent on production in Louisiana since 2003, the film industry has fallen in love with Louisiana.  In fact, Louisiana is now ranked as one of the top three states for production, digital media, music and live entertainment due to aggressive incentives and tax credit programs.

 Louisiana Governor Bobby Jindal recently signed a bill that improves the State of Louisiana's existing tax credit structure with an emphasis on the development of the video game industry. FBT Film & Entertainment offers a comprehensive package that can help secure Louisiana Digital Media and Software Tax Credits, provide the highest level of locally resourced staffing and help monetize your digital interactive software, digital media and software investments by earning 35% on total spend with no minimum spend and no caps.

How can Digital Media & Software Tax Credits benefit me?

FBT Film & Entertainment advises on the application process, and audit trail for Digital Media and Software Incentives to provide a tax credit of 35% of qualified tax production and labor expenditures for Louisiana State-certified digital interactive productions. FBT Film & Entertainment can also help you receive a 15% tax credit for payroll expenditures for Louisiana residents.

Additional benefits may include:

• 25% tax credit for digital interactive media expenditures made in Louisiana with an additional 10% tax credit on payroll expenditures for Louisiana residents.
• No annual cap on tax credits.
• No minimum spend.
• The tax credit can be applied against Louisiana tax liability and franchise tax.

FBT Film and Entertainment can also offer you the best locally resourced vendors in the entertainment, health care and other relevant sectors. By working with FBT Film and Entertainment, you will be working alongside other major technology companies in Louisiana and benefit from the cultivation of high-growth companies in the area.

Am I eligible for Digital Media and Software Tax Credits?

Louisiana's Digital Media and Software Incentives are available to businesses in the digital media and software industry that develop products including video games, simulation/training software and social media applications.

Practical applications may include:

• Gaming
• Cloud computing
• Software development
• Mobile applications
• Social media networking

Louisiana policy makers say these tax credits have been essential to Digital Media and Software developers. And recently, EA (Electronic Arts) has recently taken advantage of this program and have announced their plans for an expansion of its gaming facility at the LSU campus.  In addition, Global Star (GSAT on NASDAQ) recently relocated their corporate office to Covington, Louisiana from Mipitas, California and GameLoft S.A. (the world's largest publisher of digital and social games) opened a new office in New Orleans and plans to hire 150 employees.

How FBT Film and Entertainment can help you today:

• Broadway plays, Louisiana launched national music performance tours and repurposing level sports and concert events may all qualify for tax credits.
• We can help you maximize your local spend.
• Provide invaluable advice and also offer procurement services.
• Increase the profitability of your live music or entertainment production.
• Assist in the registration of your LLC with the State’s pre-certification program.