FILM TAX CREDITS
Puerto Rico: Your Filming Destination
TAX CREDITS
40% of payments to residents of Puerto Rico
20% of payments to non-residents
15% of payments to residents of Puerto Rico, when a local producer of a feature film, series, or documentary controls the intellectual property of the project, is responsible for its financing and production, and is entitled to 30% or more of the “producers’ net”
PREFERENTIAL TAX RATE
4% fixed income tax rate
100% exemption on dividends and distributions
100% exemption on municipal license taxes, excise taxes, and other municipal taxes
75% exemption on municipal and state property taxes
75% on municipal construction taxes
ELIGIBLE ACTIVITIES
Feature and Short Films
Video Games
TV Programs
(Including Reality Shows)
Documentaries
Music Videos
Stand-Alone Post Productions
Commercials
Series (Including Pilots)
Film Festivals and
Live Events