production incentives

• 40% production tax credit on all payments to Puerto Rico Resident companies and individuals

• 20% production tax credit on all payments

• Persons engaged in qualifying film projects are eligible for the following preferential tax rates or exemptions:

  • Fixed income tax rate of between 4% and 10%

  • 100% exemption on dividend taxes -­‐ 90% exemption from municipal and state taxes

  • 100% exemption from municipal license taxes, excise taxes and other municipal taxes