Georgia’s Postproduction Credit to Build on Film Industry Gains

AGG Entertainment & Sports chair Matt Wilson and Tax of counsel Hanish Patel published an article in Bloomberg Tax discussing the recently signed Georgia income tax credit law (HB 129) for film and television postproduction activities.

The law is expected to bolster the state’s competitiveness in the filmmaking industry, as beginning January 1, 2026, postproduction companies will receive credit based on expenditures in Georgia and qualifying rural counties.

To qualify for credits, postproduction companies must seek preapproval from the Georgia Department of Revenue, Matt and Hanish wrote, and the credits will be allocated on a first-come, first-served basis once approved.

Georgia’s incentive program for film projects was expected to generate approximately $225 million in additional state revenue and $66 million in local tax revenue for fiscal year 2024. The state was also ranked first for film and television production by Business Facilities magazine for the second consecutive year. This law will attempt to replicate similar success for postproduction industries.

Outside of the state, production companies should pay close attention to the renewal of Georgia’s incentive for postproduction activities, Matt and Hanish explained. Determining eligibility and filing the requisite applications is a must, as well as deciding if the credits should be used in a different manner, such as being sold to Georgia taxpayers.

“As echoed by lawmakers, HB 129 will ensure Georgia remains the state to complete film projects, from soup to nuts,” Matt and Hanish concluded.

To read the full article, please click here.