- Mississippi offers a 30% rebate on the first $5M of payroll and fringes paid to Mississippi residents and a 25% rebate on non-payroll expenditures and non-resident payroll and fringes incurred in state. Productions may earn an additional 5% for employing honorably discharged veterans.
- To be eligible for the 25% rebate on non-resident labor the project must meet one of the following: in the case of a motion picture production company, or its owner, principal, member, production partner, independent contractor director or producer, or subsidiary company that
- (i) is designated and pre-qualified by the Mississippi development authority as Mississippi-based or a Mississippi resident;
- (ii) has filed income taxes in the state of Mississippi during each of the previous three (3) years; and
- (iii) has engaged in activities related to the production of at least two (2) motion pictures in Mississippi during the past ten (10) years, base investment may include payroll and fringes paid for any employee who is not a resident and whose wages are subject to the Mississippi income tax withholding.
- Production equipment and machinery used directly in the filming and/or editing of a project may be taxed at the reduced rate of 1.5%, production must register for a use tax number and a direct pay permit online through the Mississippi department of revenue website.
Eligible project types: Animation, commercials, documentaries, feature films, interactive media/games, pilots, reality TV, scripted TV, VFX, video games.
