FINANICAL INCENTIVES

Our multicultural leaders have deep start-up and enterprise experience, with rich mobile anNew Jersey currently offers financial incentives to filmmakers, and the US Government has an incentive program as well:d data expertise.

FILM TAX CREDITS

The New Jersey Film & Digital Media Tax Credit Program provides a credit against the corporation business tax and the gross income tax for certain expenses incurred for the production of certain films and digital media content in New Jersey.

PARTNERSHIPS & RESOURCES

From research, to events, to platform partnerships, we work with thought leaders to provide more actionable data. New Jersey has endless resources for all facets of filming!

If as part of the final documentation required for final approval of the tax credit,  the applicant submits evidence satisfactory to the NJEDA and the Director of the Division of Taxation of good faith-efforts to accomplish all the actions described in the diversity plan, the final tax credit amount will include the bonus. If the final approval of the applicant's tax credit application does not include the bonus, the applicant may appeal the final approval as described in the program rules at N.J.A.C. 19:31-21.7(f). 

Certification

In order to support the fact that an individual who worked on the production is a woman or minority person, consistent with the applicable rules, the applicant must request and retain a copy of the Diversity Plan Report, (see Form B - Diversity Tracking Sheet) from the individual.

Good Faith

The applicant shall undertake appropriate outreach and talent acquisition activities that are reasonably designed to effectively identify, recruit and incorporate women and minority persons into the applicable film production.  Good faith efforts are assessed using various factors, including, but not limited to the following, which shall be provided by the applicant: 

The applicant’s overall number of production workers, by category, upon completion of filming. 

The names, addresses, and other information required on the Diversity Plan Report of minority and women production workers, by category, upon completion of filming. 

The final diversity numbers of the production. 

Documentation of efforts made to recruit and hire women and minority persons to meet the goals of the diversity plan. This can include, casting solicitations, e-mail confirmation or other correspondence to those people contacted but not hired. A list of names, dates and times of people and/or businesses that were contacted may be considered as well. 

The NJEDA may contact the individuals and businesses listed by the applicant to verify the good faith efforts. 

Audit Process

NJEDA or the Division of Taxation may audit the applicant’s submissions, in which case the NJEDA or the Division of Taxation may ask for documents supporting the application and submitted documentation regarding the diversity plan, including, but not limited to, any of the following documents: 

the books, records and supporting documents of the eligible production corporation agreements and contracts between actors, producers, directors, and other persons and the eligible production corporation any other documents that may be needed to support your claim