6 Miss. Code. R. 1-16.4 - Mississippi Investment Rebate

A. A production is eligible for a 25% rebate of their base investment (local spend) in Mississippi. The base investment is based on production expenditures in Mississippi. As a general rule, Mississippi spend is defined as expenditures made to companies based in Mississippi, including cast and crew non-payroll expenditures (i.e., per diems and housing allowances).

B. Payments made for airfares directly related to the project in Mississippi where travel is to/from airports in Mississippi, Baton Rouge, New Orleans, Memphis, or Mobile are qualified spend only if reservations are made through a Mississippi-based travel agent or agency.

C. The rental or purchase of equipment and production-specific goods and services is qualified spend only if secured in the following instances:

(i) directly from a Mississippi production company/vendor; or

(ii) through a Mississippi production company/vendor providing equipment rented from an out-of-state company or a Mississippi vendor regularly engaged in the business of providing specific goods and services ("like-for-like"), provided an industry standard mark-up has been added; or

(iii) from an out-of-state equipment company that has established a staffed local office or has contracted with a local representative in Mississippi. The motion picture production company must not supply any assistance or instruction to the local vendor in providing and/or securing any services or tangible personal property from out of state. Please note that all payments must be delivered to the vendor's Mississippi location. Payments sent out of state, generally, are not eligible for the rebate.

Notes

6 Miss. Code. R. 1-16.4

Miss. Code Ann. § 57-89-1 et seq. (Rev. 2014)

Amended 10/19/2016