Empire State independent film production credit (Articles 9-A and 22)

For tax years beginning on or after January 1, 2025, a new refundable credit, administered by the Office of Motion Picture & Television Development (MPTV), is available to eligible taxpayers, who paid or incurred qualified production costs in producing a qualified independent film.

The credit is 30% of qualified costs, with an additional 10% available for each of the following:

wages, salaries, or compensation paid to employees for services performed in certain counties for productions with a minimum budget of $500,000;

production costs paid or incurred for tangible property, or services used in certain counties for productions with a minimum budget of $500,000; and

scoring costs incurred within the New York State, including payments to at least five musicians.

MPTV determines credit eligibility and issues a certificate of tax credit to be claimed in the year the qualified film is completed.

For more information, visit Empire State independent film production credit .

[Part I of Chapter 59 of the Laws of 2025; Tax Law §§ 24-d, 210-B.20-a and 606(gg-1)]