NYtax_creditpct_of_investmentrefundable

New York City Musical and Theatrical Production Tax Credit

NY-NYC-MUSICAL · New York

Summary

City-level credit layered on state programs; administered by NYC against NYC General Corporation Tax and Unincorporated Business Tax.

Benefit

Percentage
Flat
Duration
Max annual
(taxpayer)
Max total
(taxpayer)
Carryforward

Program metadata

Distribution
taxpayer_earned
Claimant subject
business
Refund/transfer election
refundable_only
Program family
Effective
Sunset
Application deadline
Transfer discount

Hard requirements (0)

None.

Preference / tiering rules (0)

None.

NAICS industries (1)

  • 711110 Theater Companies and Dinner Theaters

Geo zones (1)

  • municipal · New York City jurisdiction

Tags (1)

  • sub_state_jurisdiction: NYC

Tax bases

  • corporate_income_taxprimary

Source

https://www.tax.ny.gov/bus/business-incentives.htm
NYC Administrative Code
Last verified: 2026-04-19