Film Incentives

In addition to our state-of-the-art facility, Q2 Studios is able to allow filmakers to take advantage of powerful financial incentives offered by the state of New Mexico.

New Mexicos Painless 25% Tax Rebate

New Mexico offers a 25% Tax Rebate on all direct production expenditures, including New Mexico labor, that are subject to taxation by the State of New Mexico. This is a refund, not a credit, on the full amount of the expenditure, not just the tax portion. (i.e. if the expense of an item including tax is $100, the rebate is $25). There is no minimum spend required, no cap, and no sunset clause. Our rebate applies to feature films, television, regional and national commercials, documentaries, video games and post-production. Non-resident actors and stunt performers will also qualify, though under a separate tax structure.

New Mexicos Film Investment Loan

New Mexico offers a 0% loan, with backend participation in lieu of interest, for up to $15 million per project (which can represent 100% of the budget) for qualifying feature films or television projects animation included.

Terms are negotiated and budget must be at least $2 million. You may apply for the loan and New Mexicos 25% Tax Rebate.

NO State Sales Tax

Not to be used in conjunction with the 25% tax rebate.
Type 16 Nontaxable Transaction Certificates (NTTCs) work much like grocery-store coupons. A certificate is presented at the point of sale and no gross receipts tax (sales tax) is charged. (Used primarily for commercials & PSAs)

Film Crew Advancement Program

New Mexico offers a 50% reimbursement of wages for on-the-job training of New Mexico residents in advanced below-the-line crew positions. New Mexican Supervisors and Keys have the opportunity to hire and mentor qualifying NM crew in advanced positions for this program.

PLEASE CONTACT US FOR FURTHER DETAILS

1.800.434.7381
info@q2studios.com