montanafilmtaxcredits.com Open in urlscan Pro
76.223.105.230  Public Scan

Form analysis
0 forms found in the DOM

Text Content

MONTANA FILM TAX CREDITS

Montana Film Tax CreditsMontana Film Tax CreditsMontana Film Tax Credits



MONTANA FILM TAX CREDITS

Montana Film Tax CreditsMontana Film Tax CreditsMontana Film Tax Credits

 * Home
 * Services
 * Contact Us




Montana Media Tax Credit Specialists! 


PROFESSIONAL CONSULTING

Professional ConsultingProfessional ConsultingProfessional Consulting
Contact Us

Montana Media Tax Credit Specialists! 


PROFESSIONAL CONSULTING

Professional ConsultingProfessional ConsultingProfessional Consulting
Contact Us


ABOUT US

EXPERIENCE

PRODUCTIONS

PRODUCTIONS

We have facilitated over $20MM in tax credit transfers. 

Connect

PRODUCTIONS

PRODUCTIONS

PRODUCTIONS

We can sell your production MEDIA tax credit. 

Services

BUYERS

PRODUCTIONS

BUYERS

Are you interested in saving on your Montana State Income taxes? We make it
easy. 

Contact Us


MEDIA TAX CREDITS

HOW IT WORKS:

History MEDIA Tax Credit: 

In 2019, Montana State Legislatures passed the MEDIA Tax Credit, which
incentivizes film production in Montana. It offers a 20% transferable income tax
credit on production expenditures in the state with additional amounts that can
increase the credit up to 35% of the production company’s base investment in the
tax year. These productions are then issued a credit by the DOR that they can
only sell to an individual, entity or business that pays a Montana State tax
liability. There are $12MM/year in tax credits available for a 5-year carry
forward for a purchaser of the credit amount. 




How it works? 



 1. A production gets approved by the Department of Revenue (DOR) for their
    local film spend and they get an amount of a MEDIA Credit they can sell. 
 2. The production has to find an individual, entity, or business that pays a
    Montana State tax liability. 
 3. The production and the buyer sign a buy-sell agreement from no less than
    .85/dollar for the credit amount. Most credits go from 92-94 cents/dollar.
    You can save then 6-10% on your MT State taxes. 
 4. This purchase agreement and a transfer form are signed by both parties and
    sent to the DOR. The production pays 2% to the DOR to verify the forms. Then
    the DOR approves the forms and sends via email and mail a copy to each party
    a Media Transfer Form with the Unique Credit Registration Number (UCRN). 
 5. Unique Credit Registration Number (UCRN) has a date of when the credit was
    verified and the tax years that the purchaser can use for the next 5 years.
    Below is a UCRN that will allow the purchaser to use their credit amount
    from tax year 2023 to 2028. Example Unique Credit Registration Number
    (UCRN):21-Prod-01-045-2023-2028
 6. The purchaser then sends the funds to the production or tax credit company
    and can use the Unique Credit Registration Number (UCRN) on their tax form
    instead of their tax payment. They can use the amount they purchased for the
    next 5 years and quarterly payments. 















MT FILM TAX CREDITS MADE THE WHOLE PROCESS EASY TO UNDERSTAND AND WAS HAPPY TO
HELP US THROUGH EACH STEP. I HAD CONFIDENCE KNOWING THAT THEY WERE THERE TO
GUIDE US. THE FUNDS CAME THROUGH QUICKLY AND WITHOUT ANY PROBLEMS.

--------------------------------------------------------------------------------

Marc Marriot, Tokyo Cowboy

Copyright © 2024 Montana Film Tax Credits - All Rights Reserved.

Powered by GoDaddy




THIS WEBSITE USES COOKIES.

We use cookies to analyze website traffic and optimize your website experience.
By accepting our use of cookies, your data will be aggregated with all other
user data.

Accept