It's Official: Hawaii Boasts 15-20% Film Tax Credit!

Today, Governor Linda Lingle signed SB2570, SD2, HD2, CD1 into law as Act 88. Both the number and date of the Act are auspicious--88 is good luck in Chinese culture, and on this day, May 10, 108 years ago in 1898, the first motion picture ever filmed in Hawaii was shot by Edison photographers passing through Honolulu.

So, drumroll please...as of July 1, 2006, Hawaii will have a 15% refundable production tax credit for Oahu expenditures and a 20% refundable production tax credit for neighbor island (Big Island, Kauai, Lanai, Maui, Molokai) expenditures.

Here is a SUMMARY OF THE 15-20% PRODUCTION TAX CREDIT.

Now, bring on the productions! (Call us at 808-586-2570).

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