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Incentives Scorecard: Alabama Beckons Productions With Refundable Tax Credit

Before Alabama put incentives in place, films such as “Forrest Gump” and “Sweet Home Alabama,” which are set in the state, were shot elsewhere. With Alabama now offering a refundable tax credit of up to 25% of production expenditures, plus 35% of payroll to state residents, the tide has shifted, and filmmakers have poured in to avail themselves not only of the new breaks, but also the green landscapes, sandy beaches and right-to-work laws.

 

Information courtesy of EP Financial Solutions, a production incentive consulting and financial services company.

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