Anything Goes : Puerto Rico Film Industry Economic Incentives by Eric M. Vega

Puerto Rico Film Industry Economic Incentives Act Highlights. 40% transferable tax credit on development, pre-production, production and post-production payments to Puerto Rico residents. 20% transferable tax credit on non-resident Above the Line talent (producers, writers, director, actors, stunt performers). Tax credits sell for 90% (approximately) of face value year round. No per project / per person / per item caps. No principal photography requirement. Proven track record on the efficient issuance and monetization of tax credits.