For information on the Illinois Film Services Tax Credit , please contact the Illinois Film Office:
The Illinois Film Office
James R. Thompson Center
100 W. Randolph, STE. 3-400
Chicago, IL 60601
The Illinois Film Production Tax Credit was signed on December 15, 2008 and is effective immediately. The tax credit has no sunset and consists of:
Tax Credit Eligibility
Production companies must also be willing to promote diversity by making a “good – faith” effort to hire a percentage of minorities. They must also submit a diversity plan setting forth proactive steps they will take in achieving a crew that represents the diversity of the State. Services qualify as local production spend if they are purchased from an Illinois vendor who has an Illinois address.
An Illinois resident is someone who has a valid state ID or driver’s license that was issued prior to the commencement of the production.
A copy of an employee's Illinois driver’s license or state identification issued by the State of Illinois showing an address in the impoverished area will be sufficient to document the 15% additional credit.
Application – Commerical applications filed with the Illinois Film Office 24 hours before principal photography begins.
Application - Film/Television applications filed with the Illinois Film Office 5 business days before principal photography beings, along with:
Documentation – After finishing your project, you must work with a Certified Public Accountant to validate and calculate your local production spend. The CPA will provide an unqualified opinion of your tax credit earned and will send all of your documentation the Illinois Film Office.
Certification – Once we receive your processed credit from a Certified Public Accountant, we confirm your Diversity efforts and then issue your Tax Credit Certificate. Transfer – The tax credit may be transferred only once. You will have to request in writing a transfer of the tax. You request must include:
Who is excluded from tax credit?
The tax credit can now be carried forward 5 years from when it was originally issued by DCEO.