I keep hearing how the tax credit situation in Louisiana has gotten worse.
Truth: The tax credit situation for filmmakers in Louisiana has gotten better!
The threshold for a movie filming in Louisiana before the change in the credit (how much someone had to spend in order to be eligible to start generating tax credits) was $300,000.
This is a number that must invite outside investment into your film. It is high and weeds out the truly independent filmmaker.
In short… A number like $300,000 being the MINIMUM SPEND for an independent film to start generating tax credits (Up to 30% of the film budget) is actually PTHIBITIVE