Who can benefit from buying these credits?
Anyone with an Oregon state tax liability—that includes you, your vendors, your business-owning friends, your family... everyone!
Should I buy production tax credits?
We've heard it from multiple accountants—the answer is a resounding "Yes!"
Why should I buy these tax credits?
- Save money: Get your taxes "on sale" for up to 10% off
- Support our local media production industry and professionals (like you!)
- Choose exactly where our state government spends your tax money
What happens if I'm outbid?
If you are outbid and the entire $14 million of available credits sells out, then your original check will be returned to you in a few weeks. This is actually a good thing for the industry! If we oversell the program, then we can ask for more incentive dollars the next year.
What if I owe less than I thought I would in taxes?
No problem! You have three years to use your tax credits (2020, 2021, 2022).
Do you know any good accountants I could consult with first?
Yes! You can reach out to David Bixel of MB Tax Pro at 503-595-5890 or david@mbtaxpro.com for advice.
Do you have any materials I can share with friends/colleagues?
Yes! Feel free to share these FAQs with your network.
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