![]() Elect to obtain a refund of the qualified sales and use taxes paid or offset that excess credit amount, or assigned portion, against the qualified sales and use taxes imposed during the reporting periods that occur during the 2021 calendar year, subject to specified limitations.Pursuant to Senate Bill 113, during the shortened period specified above, for those credit amounts in excess of $5,000,000, the claimant may do both of the following: This period in which the $5,000,000 limitation applies was shortened by one year by Senate Bill 113 (Committee on Budget and Fiscal Review, Chapter 3, Statutes of 2022). New Information: For taxable years beginning on or after January 1, 2020, and before January 1, 2022, the Film and Television Tax Credit sales and use tax offset is limited to $5,000,000 per claimant. Notice of Business Change – Keep your information current by using this form to notify us of any business changes. Online Payment Options – Make payments online for tax and fee programs. Tax Return Filing Deadlines – Find your filing due dates.įile a Tax Return Online – Use CDTFA's online filing service which is easy, fast, and free! Online Registration – Register with us online for your seller's permit, or add a business location to an existing account. Whether you are a new filmmaker in California or growing your existing filmmaking business, you may be eligible for a tax credit that can be used against your sales and use tax liabilities. When you hold a seller's permit, you must file sales and use tax returns and pay any sales or use tax due on your sales and purchases. If you own a business in California, and you expect to be making sales, leasing equipment, or purchasing items from out of state, you must apply for a seller's permit or otherwise register with the California Department of Tax and Fee Administration (CDTFA). This guide will assist you with applying for the tax credit and obtaining a refund of qualified sales and use taxes. We have created this guide to help you understand a sales and use tax credit opportunity that can potentially be applied to your filmmaking business. We understand this and want to help provide the information you need. Understanding tax credit issues related to your business can be time-consuming and complicated. ![]()
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