NEW TAX INFORMATION 2018-04
PAGE 2: §18-235-17-01 Motion picture, digital media, and film production income tax credit; allowed.
PAGE 3-5: §18-235-17-02 Claim for credit; procedures; multiple entities involved.
PAGE 6: §18-235-17-03 Claim for credit; costs incurred in more than one taxable year.
PAGE 7: §18-235-17-04 Claiming the credit; timing; twelve-month rule.
PAGE 8-10: §18-235-17-05 Qualified productions; $200,000 threshold determination.
PAGE 11: §18-235-17-06 Distribution of credit.
PAGE 12-14: §18-235-17-07 Prorating qualified production costs between counties in Hawaii; airfare and shipping costs.
PAGE 15: §18-235-17-08 Qualified production costs; generally.
PAGE 16: §18-235-17-09 Qualified production costs; subject to chapter 235 or 237, HRS; definitions.
PAGE 17-21: §18-235-17-10 Qualified production costs; subject to chapter 235 or 237, HRS.
PAGE 22-24: §18-235-17-11 Qualified production costs; production services fees.
PAGE 25-26: §18-235-17-12 Qualified production costs; credit calculation for fixed equipment costs.
PAGE 27: 18-235-17-13 Qualified production costs; imported goods, services, or contracting subject to the use tax.
PAGE 28: §18-235-17-14 Qualified production costs; premiums paid to insurers subject to tax under chapter 431, HRS.
PAGE 29-30: §18-235-17-15 Independent certification of motion picture, digital media, and film production income tax credit claims; certification opinion; safe harbor.
PAGE 31: §18-235-17-16 Shared-card, end-title screen credit.
PAGE 32: §18-235-17-17 Evidence of reasonable efforts to hire local talent and crew.
PAGE 33-35: §18-235-17-18 Evidence of financial or in-kind contributions to educational or workforce development for the local film, television, and digital media industry
PAGE 36-40: §18-235-17-19 Production company personnel and contractors; required Hawaii tax notice.
PAGE 41: §18-235-17-20 Access to production company set and locations; required courtesy visit and press coverage.