Purchasing Georgia entertainment tax credits provides a significant low risk long-term strategy for reducing Georgia corporate and personal income tax liability.
Entertainment tax credits provide Georgia tax savings of approximately 10% to corporations and individuals purchasing credits.
Enactment of The Georgia Entertainment Industry Investment Act in 2008 implemented an up to 30% tax credit incentive with the purpose of expanding entertainment production expenditures in the state.
Since 2008 entertainment production expenditures in Georgia have grown to over $1.4 billion. Georgia is currently among the top three states in terms of entertainment production expenditures.