 Alaska Film Incentive Program:
NEWS: To provide industry standard film production accounting in Alaska, Ascending Path LLC and Glacier Productions have licensed the services of Entertainment Partners.


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Our Stunning State Offers the Best
Transferable Tax Credit:
No above-the-line salary cap, No Production Cap, No Sales Tax, $29 Million Still Available (As of 5/12).
Here's the Math: If a production spends over $100,000 in AK over a 2 year period,
then a Producer is eligible for a Transferable Tax Credit for the following:
30% of Instate Expenses
10% more for Alaska Resident Wages
2% more for Rural expenses
2% more for shooting Oct-March
Up to 44% !
What you should know:
After pre-qualification, production, and qualified expenses are audited and confirmed, the producer is issued a "transferable credit" in the form of a letter from the State Department of Revenue and Film Office. When a deal is struck with a corporate tax payer (credit buyer) the letter is reissued by the State DOR (per the producer) in the name of the buyer. This certificate is then exchanged for cash. Recent Transferable credits have been selling at around .85c on the Dollar. Alaska has a Corporate Tax Liability of over $700 Million per year, that's a lot of CFO's who want to reduce their taxes by 15%...
The idea of course, is that Productions bring jobs and money into the State.... do your part.... Film in Alaska!!
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