Film Incentives Overview
New Mexico offers a 25% to 30% Refundable Film & Television Production Tax Credit program based on production costs subject to NM state taxation for services in-state.
- Television series, and pilots intended for series in NM, qualify for 30%.
- Other projects utilizing soundstages and standing sets may also be eligible for 30% on resident labor.
- Credit is also available on a limited number of nonresident BTL positions (15% in 2016), and on nonresident on-camera talent (25% in 2016).
For more information, visit http://www.nmfilm.com/Overview.aspx.