Lower income taxes According to the Georgia film industry website, “Anyone who pays Georgia income tax can lower the amount of state taxes they owe by buying film tax credits to use dollar for dollar against their tax liability.” Think of the credits as investments.
Significant investments in its infrastructure and transportation as well as the talented film crews also contributed to the initial interest in creating films in Georgia. Several critically acclaimed and otherwise successful films attracted more attention to the state by showing off what it had to offer.
In that case it's no coincidence that so many movies are nowadays shot in Georgia. Hollywood's best and brightest seek the lowest tax price (or better yet, the best tax incentive) to maximize profits in an industry defined by shrinking margins. The Peach State is very competitive on the tax front.
If you're filming in California, you could see as much as 20-25% for all crew returned in the form of a tax credit. There's no sugarcoating it: California can be expensive. BUT, you'll be in the heart of Hollywood, the number-one place to connect and network with top talent.
Georgia's film industry ranks number one globally in the production of the top grossing feature films, followed by the United Kingdom, Canada, California, Louisiana, and New York. Prior to the pandemic, Georgia was on pace to have a record setting year in film production.
Far and away the most popular location in the world for filming movies and television shows, Los Angeles has been the cultural center for the film industry since the Golden Age of Hollywood in the 1930s and 1940s.
If we made a list of the Most Obvious Places to Live and Work as a Moviemaker, New York and Los Angeles would lead it every year. They're the film capitals of the world, unmatched in influence, opportunity and legend.
Georgia prohibits the use of a camera “without the consent of all persons observed, to observe, photograph, or record the activities of another which occur in any private place and out of public view.” Ga.
How does the film industry impact the state of Georgia?
The 245 feature film and television productions shot in Georgia represent $2.02 billion in direct spending in the state. “Georgia's film industry provides a significant impact on our state's economy, employing thousands of Georgians while developing infrastructure and boosting small businesses,” said Deal.
Atlanta is a welcoming city compared to filming meccas like Los Angeles. “In New York or L.A., it is very difficult—and very expensive—to lock in locations, especially for reality [shows],” says Granville. “Here in Atlanta, you still have that big-city feel, but everything is easier.
Highlighting this perspective, the Georgia Film Office attributes the industry's growth to Georgia's temperate climate and variety of locations, along with access to “the world's busiest airport, large crew base, and pro-business focus.”
Along with the megalist of movies filmed here, Netflix movies are being filmed en masse in Atlanta. Netflix has made a major commitment to film in Atlanta and parts of Georgia. Not only does a lot of homegrown talent come from the Peach State, but generous tax breaks make it worth the studios' while.
Georgia Became the “Hollywood of the South” Through Massive Corporate Tax Breaks. The state of Georgia is subsidizing Hollywood CEOs to the tune of $1 billion a year. That money could go to schools, roads, health care, and good public jobs. But sure, a little peach logo in the credit sequence is cool too.
One of the primary reasons that production companies flock to Atlanta is the state's generous tax incentive program. Georgia offers a 20% base transferable tax credit for qualified productions, which can be increased by an additional 10% by including an embedded Georgia promotional logo.
Georgia Made Film & TV Productions Generate $4.4B for State in Yet Another Chart-Topping Year. ATLANTA – August 1, 2022 – Governor Brian P. Kemp today announced a chart-topping year for the film and television industry as productions spent $4.4 billion in Georgia during fiscal year 2022 – a new industry record.
Since horror movies are traditionally cheaper to produce, the large audience the genre tag brings in almost guarantees some type of profit when all is said and done.
If you often wonder how much your home or place of business can earn you income as a film production, the quick and general answer is between $1000 to $5000 per day. How to arrive at that number? The industry rate per day is generally your monthly mortage payment.
Here's a list of the top-grossing films shot in the Peach State. Lights, camera, action. These are words very familiar to Georgia over the years, as the film industry in the Peach State is booming.
