5 CRR-NY 170.6NY-CRR

STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 5. DEPARTMENT OF ECONOMIC DEVELOPMENT
CHAPTER XVII. EMPIRE STATE FILM PRODUCTION TAX CREDIT PROGRAM
PART 170. EMPIRE STATE FILM PRODUCTION TAX CREDIT PROGRAM
5 CRR-NY 170.6
5 CRR-NY 170.6
170.6 Criteria for evaluation of applications.
(a) Initial application.
An initial application shall be reviewed by the department to determine, in its discretion, that all of the following criteria are met:
(1) the application is complete;
(2) the application is not premature;
(3) the authorized applicant is a qualified film production company or a sole proprietor of a qualified film production company;
(4) the authorized applicant intends to shoot a portion of principal and ongoing photography on a stage at a qualified film production facility on a set or sets;
(5) the authorized applicant is planning to produce a qualified film;
(6) the authorized applicant’s projected qualified production costs (excluding post-production credits) paid or incurred which are attributable to the use of tangible property or the performance of services at a qualified film production facility in the production of a qualified film is likely to equal or exceed 75 percent of the projected production costs (excluding post production costs) paid or incurred which are attributable to the use of tangible property or the performance of services at any film production facility within and without the State in the production of the qualified film;
(7) if the qualified film being produced is a level two qualified production (other than a pilot), then the applicant intends to shoot at least 10 percent of its principal photography days at a qualified film production facility;
(8) if the qualified film being produced is a television pilot and is a level two qualified production, the applicant intends to shoot at least one full day of principal photography at a qualified film production facility;
(9) the authorized applicant did not knowingly submit false or misleading information to the department;
(10) the authorized applicant certifies that it will purchase taxable tangible property and services, defined as qualified production costs, only from companies registered to collect and remit New York State and local sales and use taxes;
(11) the authorized applicant intends to comply with the end credit requirements set forth in section 170.2(i) of this Part;
(12) if the applicant is seeking credit on any costs incurred in New York outside a qualified film production facility, and the projected qualified production costs (excluding post-production costs) paid or incurred which are attributable to the use of tangible property or the performance of services at a qualified film production facility in the production of a qualified film are less than $3 million, then the shooting days spent in New York outside of a film production facility in the production of the qualified film are projected to equal or exceed 75 percent of the total shooting days spent within and without New York outside of a film production facility in the production of such qualified film.
(b) Final application.
A final application shall not be approved by the commissioner unless the commissioner determines, in his or her discretion, that the following criteria are met:
(1) the application is complete;
(2) the applicant shot a portion of principal and ongoing photography on a stage at a qualified film production facility on a set or sets;
(3) if the qualified film produced was a level two qualified production (other than a pilot), then the applicant shot at least 10 percent of its principal photography days at a qualified film production facility;
(4) if the qualified film that was produced was a television pilot and was a level two production, then the applicant shot at least one full day of principal photography at a qualified film production facility;
(5) a qualified film was produced and completed;
(6) the applicant’s actual qualified production costs paid or incurred (excluding post-production costs) which are attributable to the use of tangible property or the performance of services at a qualified film production facility in the production of the qualified film equaled or exceeded 75 percent of the production costs (excluding post production costs) paid or incurred which are attributable to the use of tangible property or the performance of services at any film production facility within and without the State in the production of the qualified film;
(7) the authorized applicant did not knowingly submit false or misleading information to the department;
(8) in the event that the actual qualified production costs (excluding post-production costs) paid or incurred which are attributable to the use of tangible property or the performance of services at a qualified film production facility in the production of a qualified film are less than $3 million, then the shooting days spent in New York outside of a film production facility in the production of a qualified film equaled or exceeded 75 percent of the total shooting days spent within and without New York outside of a film production facility in the production of such qualified film. If the shooting days spent in New York equaled or exceeded the 75 percent threshold, the department shall include in its calculation of the Empire State film production tax credit the portion of qualified production costs attributable to the use of tangible property or the performance of services in the production of a qualified film outside of a qualified film production facility; and
(9) the applicant has supplied documentation (e.g. still shot, frame grab, finished DVD or other documentation such as the department may require) that the end credit requirements set forth in section 170.2(i) of this Part have been met.
5 CRR-NY 170.6
Current through October 15, 2021
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