20% transferable tax credit + 10% if production includes Georgia promotional logo in credits, or other negotiated placements.

$500,000 minimum spend through single or multi-projects in single year.

Nonrefundable, transferable once in tranches of at least $100,000 to multiple taxpayers.

No required certification process, exposing buyers to potential recapture of credits once transferred.

Payments to loan-outs (artistic or “core” production activities) subject to registration and 6% withholding payment to state. Withholding payment can be made by production company or payroll company.

Post production expenditures in GA may qualify only if processing footage shot in GA.

- from Georgia Film, Music and Digital Entertainment Office- http://www. georgia. org/EntertainmentIndustry/

1) If a production company simply puts the Georgia Film Logo at the end of their movie, how much more of a transferable tax credit does the production company receive?

A) 6%

B) 10%

C) 20%

D) 30%

2) How can the Georgia Film Industry makes sure that filming takes place in Georgia?

A) $500,000 minimum spend through single or multi-projects in single year.

B) Nonrefundable, transferable once in tranches of at least $100,000 to multiple taxpayers.

C) Post production expenditures in Georgia may qualify only if processing footage shot in Georgia.

D) No required certification process, exposing buyers to potential recapture of credits once transferred.