Overview
The Digital Interactive Media and Software Development Incentive provides a tax credit of 25% of qualified production expenditures for state-certified digital interactive productions in Louisiana and 35% tax credit for payroll expenditures for Louisiana residents.
Watch this video to discover how Louisiana's Digital Interactive Media and Software Development Incentive - the strongest in the U.S. - can help your business succeed.
Benefits
- 25% tax credit for digital interactive media expenditures made in Louisiana
- a 35% tax credit on payroll expenditures for Louisiana residents
- No annual cap on tax credits
- Effective Jan. 1, 2012, the tax credit is available at the end of each calendar year for a refund of 100% of its value claimed on Louisiana state tax returns. Alternatively, at any time during the year certified applicants can receive 85% of the value earned as a rebate.
Eligibility
Louisiana's Digital Interactive Media and Software Development Incentive is available to businesses in the digital media and software industry that develop products including video games, enterprise software and mobile applications.This tax credit does not apply to software developed for institutional, private or internal purposes, or largely static Internet sites designed to provide information about a person, business, company or firm. The tax credit does not apply to products regulated under the Louisiana Gaming Control Law.
For comprehensive rules and details on eligibility, please review Related Content below and contact the appropriate administrator.
How to Apply
To apply for this tax credit program, you must complete and submit the program application in the Related Content section.
Also, a preliminary budget must be submitted with the program application.
Related Content
Administration
For more information on the digital media industry, contact the program administrator:
Heath Williams
Director, Digital Interactive Media
225.342.3571
heath.williams@la.gov
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