Form Ct-1120da - Digital Animation Tax Credit - 2013
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1
2Department of Revenue Services
2013
Form CT-1120DA
State of Connecticut
(Rev. 12/13)
Digital Animation Tax Credit
For Income Year Beginning: _______________________ , 2013 and Ending: ________________________ , _________ .
Name of eligible taxpayer
Connecticut Tax Registration Number
General Information
Claim Period
Complete this form in blue or black ink only.
All or any part of the tax credit may be claimed in the year the
production expenses or costs were incurred or in any of the
Use Form CT-1120DA to claim the business tax credit available
three succeeding years after the year the production expenses
to state-certified digital animation production companies
or costs were incurred.
that engage in digital animation production activities on an
on-going basis. The Digital Animation tax credit is administered
Additional Information
by the Connecticut Department of Economic and Community
See the Guide to Connecticut Business Tax Credits available
Development (DECD) and may not be claimed until DECD
on the Department of Revenue Services (DRS) website at
issues a tax credit voucher which lists the amount of the
, or contact DRS at 1-800-382-9463
available tax credit.
(Connecticut calls outside the Greater Hartford calling area
only) or 860-297-5962 (from anywhere).
The Digital Animation tax credit may be applied against the taxes
imposed under Chapter 207 and Chapter 208 of the Connecticut
General Statutes. This tax credit may be assigned in whole or in
part no more than three times.
Credit Percentage
This credit is calculated based on a percentage of qualified
production expenses or costs. The percentage depends on the
amount of production expenses or costs, as follows:
At least $100,000 but not
10% of production expenses
more than $500,000
or costs
More than $500,000 but not
15% of production expenses
more than $1 million
or costs
More than $1 million
30% of production expenses
or costs
Schedule A (attach a copy of Schedule A for each tax credit voucher)
1. DECD Tax Credit Voucher Number
1.
2. Year in which eligible expenditures were incurred
2.
Amount of qualified Digital Animation tax credit as listed on
3.
3.
the tax credit voucher issued by DECD.
Tax credit is being claimed by:
An eligible production company
An assignee
4.
If credit is being claimed by an assignee, enter the name and Connecticut Tax Registration Number (if available) of the assignor
below.
Attach explanation.
Investor/Assignor’s Name
Investor/Assignor’s Connecticut Tax Registration Number
Initial investor
Second assignor
Third assignor
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