The California Film Commission has recently adopted new regulations effective on April 13, 2015 (i.e., Cal. Code Regs. §§ 5508, 5509, 5510, 5511, 5512, 5513, 5514, 5515, and 5516, Tit. 10) to implement the California Film & Television Tax Credit Program 2.0, including but not limited to guidance in connection to expanded definitions; the application process for tax credit allocations; the eligibility determination; the qualified production expenditures; the approved applicant responsibility; the credit certificate issuance process; the job ratio ranking process; and the on screen credit and promotional requirements.

The new regulations implement the new California Film & Television Tax Credit Program under the corporate income and franchise tax laws and the personal income tax laws Read More