Form Ct-1120fp - Film Production Tax Credit - 2013
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1
2Department of Revenue Services
2013
Form CT-1120FP
State of Connecticut
(Rev. 12/13)
Film Production Tax Credit
For Income Year Beginning: _______________________ , 2013 and Ending: ________________________ , _________ .
Name of eligible taxpayer
Connecticut Tax Registration Number
General Information
Claim Period
Complete this form in blue or black ink only.
All or any part of the tax credit may be claimed in the year
the production expenses or costs were incurred or in any
Use Form CT-1120FP to claim the business tax credit
of the three succeeding years after the year the production
available for qualified film production.
expenses or costs were incurred.
The Film Production tax credit is administered by the
Connecticut Department of Economic and Community
Additional Information
Development (DECD) and may not be claimed until DECD
See the Guide to Connecticut Business Tax Credits on the
issues a tax credit voucher which lists the amount of the
Department of Revenue Services website at ,
available tax credit.
or contact DRS at 1-800-382-9463 (Connecticut calls
outside the Greater Hartford calling area only) or 860-297-
The Film Production tax credit may be applied against the
5962 (from anywhere).
taxes imposed under Chapter 207 and Chapter 208 of
the Connecticut General Statutes. This tax credit may be
assigned in whole or in part no more than three times.
Credit Percentage
This credit is calculated based on a percentage of qualified
production expenses or costs. The percentage depends on
the amount of production expenses or costs, as follows:
At least $100,000 but not
10% of production expenses
more than $500,000
or costs
More than $500,000 but not
15% of production expenses
more than $1 million
or costs
More than $1 million
30% of production expenses
or costs
Schedule A (attach a copy of Schedule A for each tax credit voucher)
1. DECD Tax Credit Voucher Number
1.
2. Year in which eligible expenditures were incurred
2.
Amount of qualified Film Production tax credit as listed on
3.
3.
the tax credit voucher issued by DECD.
Tax credit is being claimed by:
An eligible production company
An assignee
4.
below.
If credit is being claimed by an assignee, enter the name and Connecticut Tax Registration Number (if available) of the assignor
Attach explanation.
Investor/Assignor’s Name
Investor/Assignor’s Connecticut Tax Registration Number
Initial investor
Second assignor
Third assignor
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