Questions about the Virginia Incentive Program?
|Type of Incentive||Refundable tax credit|
|Incentive Amount||15 - 40 %|
|Residency||Both residents and non-residents can qualify|
|Salary Cap||$1,000,000 per hire|
|Annual Cap||$6,500,000 program cap. Program Sunsets January 1, 2019 unless renewed|
|Application Timeline||Must apply at least 30 days prior to production. Must show best effort to shoot 50% in-state|