With state of the art theaters and live music venues, Lafayette is primed for live performances of every kind.
Whether you’re launching a national concert tour, staging a new theatrical production or even building and restoring a performance venue, we’ll help you hit your mark. Louisiana offers a robust 25% to 35% tax incentive for musical and theatrical productions and state certified higher education musical or theatrical infrastructure projects.
- Provides a 10% tax credit for certified Louisiana expenditures between $100,000 and $300,000
- Provides a 20% tax credit for certified Louisiana expenditures between $300,000 and $1,000,000
- Provides a 25% tax credit for certified Louisiana expenditures over $1,000,000
- Provides an additional 10% tax credit for payroll expenditures to Louisiana residents
- No cap on production expenditures
- Provides an additional credit (available until December 31, 2012) for the shipping and transporting of tangible property to be used in a state-certified production
- The tax credit is refundable or transferrable
- Additional incentives are available when collaborating with Louisiana’s educational institutions