Summary
18% credit on qualifying sound recording and music production expenditures.
Benefit
- Percentage
- —
- Flat
- —
- Duration
- —
- Max annual
- — (taxpayer)
- Max total
- — (taxpayer)
- Carryforward
- —
Program metadata
- Distribution
- taxpayer_earned
- Claimant subject
- business
- Refund/transfer election
- none
- Program family
- —
- Effective
- —
- Sunset
- —
- Application deadline
- —
- Transfer discount
- —
Hard requirements (1)
- industry_keywordProject must be sound recording and music production
Preference / tiering rules (0)
None.
NAICS industries (1)
- 5122 Sound Recording Industries
Geo zones (1)
- statewide — · Statewide (Louisiana-based sound recording)
Tags (1)
- requires_application: true
Tax bases
- corporate_income_taxprimary