Sound Recording Investor Tax Credit
The Sound Recording Investor Tax Credit provides an 18% tax credit for sound recording projects made in the State of Louisiana. Louisiana also offers some of the world’s finest talent and great recording studios to complement the attractive financial benefits of recording in state. Sound recording investor tax credits are issued as rebates.
- Provides an 18% tax credit on sound recording expenses.
- Program is subject to a cap of $2.16 million between July 1, 2015 and June 30, 2018.
- Starting July 1, 2018, program is subject to a cap of $3 million in tax credits per calendar year.
The program incentivizes sound recording, defined as a recording of music, poetry or spoken-word performance made in Louisiana and produced in Louisiana in whole or in part. A $15,000 minimum in expenditures is required, with a $5,000 minimum expenditure requirement for Louisiana residents.
Qualifying sound recordings include:
- Recording, tracking and overdubbing of music and vocal performances
- Recording of film scores
- Recording of spoken word performance
- Recording of live musical performances
- Studio rental fees and associated fixed costs
- Artist and musician salaries directly related to a certified recording project
- Producer fees directly related to a certified recording project
- Mixing and mastering of a recording made in whole or in part in the State of Louisiana
- Instrument and equipment rental
- Hotel, airfare (when booked through a Louisiana Travel Agent), and catering expenditures directly related to a certified recording project
- Mixing, mastering or any post-production expenditures for projects not originally recorded in Louisiana are considered non qualifying
- Producer fees in excess of 20% of the entire project budget are considered non-qualifying
- Studio rental fees may be limited if they are found to be in excess of fair market value
- Expenditures associated with related party transactions may be limited as detailed in cost report guidelines
- All costs associated with duplication, packaging, marketing and distribution are non-qualifying
All incentive program rules are in the Louisiana Administrative Code maintained by the Office of the State Register.
- View the Sound Recording Investor Tax Credit Statutes
- View the Sound Recording Investor Tax Credit Rules
- Choose Title 61, Revenue and Taxation
- Go to Part I, Chapter 16, Subchapter C
How to Apply
Download helpful tips and instructions on applying and completing the form.
For more information on the Sound Recording Investor Tax Credit, contact the program administrator:
Director, Live Performance and
Music Industry Development
Assistant Director, Music
and Live Performance