WHAT IS A LEVEL 2 QUALIFIED PRODUCTION FACILITY?

Have a production and would like to receive the New York State Film Tax Credit? Be Electric Studios is a Level 2 Qualified Production Facility (“QPF”) fulfilling all the guidelines required to help net your production this coveted tax break.

 

What requirements must a soundstage meet in order to become a Level 2 QPF?

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A Level 2 Qualified Production Facility must have at least one 7,000 sq ft sound stage that meets these criteria:

  • be soundproof with a noise criteria (NC) rating of 30 or better; 

  • have sufficient heating and air conditioning for shooting without the need for supplemental units, 

  • incorporate a permanent grid and sufficient built-in electrical service for shooting without the need for generators, and 

  • be column-free with a clear height of at least 16’ under the permanent grid. 

Is my production eligible for the tax credit?

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This is the 30% question. The guidelines can seem obscure, so here’s a bit of a guideline to see if your production qualifies!

Your production must be a:

  • feature film

  • episodic television series

  • television pilot or presentation

  • television movies and miniseries.

What else is needed to qualify?

  • If the budget of your production exceeds $15 million or is produced by a publicly traded company, then you must shoot 10% of the principal photography in a Level 2 Qualified Production Facility in New York.

  • Likewise, if your project is independently produced (or has a budget under $15 million), then you must shoot at least one full day of principal photography in a Level One or Level 2 New York State Qualified Production Facility to qualify for the film tax credit.

  • Finally, TV pilots must also shoot one principal photography day at a New York State QPF, and 75% or more of total expenses—excluding post-production—must relate to work shot at a QPF.

More questions? Head over to the New York State Film Tax Credit office and run your numbers through the Budget Cost Qualifier.


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Why Be Electric?

All of Be Electric’s stages qualify for the NYS Film Production Tax Credit for both Level 1 and Level 2 productions. With massive sound-insulated elephant doors to protect your shoot from street noise, and a responsive expert support staff, Be Electric can not only help you qualify for the NYS film tax credit, but also is a flexible, full-capacity choice for all your production needs -- all within the New York City limits.