NEW TAX INFORMATION 2018-04

TEMPORARY HAWAII ADMINISTRATIVE RULES – Table of Contents

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.