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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

Effected JurisdictionVirginia
Jurisdiction type: State
Fiscal year ending In2022
Program nameMotion Picture Production Tax Credit
Program purpose: Film, TV, and/or media
Statutory authority: Section 58.1-439.12:03 of the Code of Virginia
Abating jurisdiction(s): State of Virginia
Applicable taxesIndividual Income Tax; Corporate Income Tax
Method of abatement: Tax Credit
Provisions for recapture: (not specified)
Gross revenue loss: $4,500,000
Reimbursement / offset: $0
Net revenue loss: $4,500,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.doa.virginia.gov/reports/ACFReport/2022/2022-ACFReport-for-w...