Traverse Legal is a Michigan Law firm representing media interests across a wide range of issues. Traverse Legal currently represents the Traverse City Film Festival in Traverse City, Michigan and is providing legal representation to an independent film project Christina produced with writer/director Larry Brand and funded by a variety of investors including Rebecca Reynolds.
Michigan Filming Incentives
2008 Michigan Filming Incentives in a Nutshell
*Must spend at least $50,000 in Michigan to be eligible.
*40% cash rebate, across the board on Michigan expenditures
*Claim an extra 2% if filming in one of the 103 Core Communities in Michigan.
*Labor and Crew: 40%-42% Resident Below the Line. 40%-42% Above the Line regardless of domicile. 30% Non-resident Below the Line.
*There is also an infrastructure tax credit program as well as a nontransferable nonrefundable workforce development tax credit for hiring and training current MI crewmembers to a higher level.
*$2 million salary cap per employee per production. There is no other cap and no sunset.
Here is what Governor Granholm has to say about he new film tax incentive law:
"This week, I signed into law the most aggressive film incentive program in the nation, which will result in more films being shot on location in Michigan," Granholm said. "Each year, the Michigan Film Office averages six scripts from companies interested in filming in Michigan. Today, we're reviewing nearly 80 scripts from companies interested in doing business in Michigan."
If you are a film maker, investor or production company looking to leverage Michigan Tax credits for your next film, contact a media attorney today for a free consultation.