Form Rpd-41229 - Application For Film Production Tax Credit

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RPD-41229
STATE OF NEW MEXICO - TAXATION AND REVENUE DEPARTMENT
REV. 10/2006
APPLICATION FOR FILM PRODUCTION TAX CREDIT
The purpose of this form. This form may be used by an approved film production company to apply for a film production tax credit. To
receive approval, contact the New Mexico Film Division of the Economic Development Department at (505) 827-9810 or (800) 545-9871.
For tax years beginning after January 1, 2006 or prior to January 1, 2009, the amount of the credit is equal to 25% of production expenditures
and postproduction expenditures made in New Mexico that are subject to taxation by the State of New Mexico and directly attributable to
the production in New Mexico of a commercial film project or audiovisual product. For tax years beginning January 1, 2009 or later, the
amount of the credit is 20%. Submit this completed application with required documentation to the Taxation and Revenue Department,
one application for each approved film project. The Department will notify you of the approved amount of credit. This refundable credit
can be applied against personal or corporate income tax due the State of New Mexico. Use form RPD-41228, Film Production Tax Credit
Claim Form, to claim the credit.
Mail to: New Mexico Taxation and Revenue Department, Attention Jerry Montoya, P.O. Box 630, Santa Fe, New Mexico, 87504-0630. For assistance call (505)827-0929.
Name of eligible film production company
Taxpayer identification number
(SSN or FEIN)
Mailing address
City, state and zip code
Fax number and e-mail address
Name of contact person
Telephone number
A. Total production and postproduction expenditures made in New Mexico that are
subject to taxation by the State of New Mexico and directly attributable to the
$
production in New Mexico of the commercial film project or audiovisual product
for which this credit is claimed.
$
B. Film production tax credit claimed (Line A x 25%)
Multiply line A by 20%, for tax years beginning January 1, 2009, or later.
C. Enter the Project Title as indicated on the New Mexico Film Office Film Production Company
Registration Form.
Please ensure all required supporting documentation is attached to your application.
Certifications
I certify that:
the total direct production and postproduction expenditures included in line A above:
include only expenditures made in New Mexico directly attributable to the approved production;
include only transactions which are subject to taxation by the State of New Mexico, and
exclude expenditures for which the film production company delivered a nontaxable transaction
certificate pursuant to 7-9-86 NMSA 1978.
For long-form narrative films only, I certify that the film contains an acknowledgment that the production was
filmed in New Mexico.
I declare I have examined this application, including accompanying invoices, schedules and/or statements, and to the
best of my knowledge and belief this application is true, correct and complete.
Authorized Signature
Title
Date
FOR DEPARTMENT USE ONLY
This application for Film Production Tax Credit was reviewed by the Taxation and Revenue Department and was
Approved in the amount of
$
Adjusted and approved in the amount of
$
Disapproved
Reason for adjustment/disapproval
Signature of Director or Delegate
Date
Approval No.

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