Everything You Need to Know About Tax Incentives

Hosted by Viviana Zarragoitia

$49

On Demand Webinar - For immediate download. Unlimited access for 1 year.

Rating   | Read reviews

Start Learning

Please make sure you use the same email address as the one you use to sign in to Stage 32
apply

- or -

$49.00
TOTAL PRICE:
Overlay Icon

This Next Level Education webinar has a 100% user satisfaction rate.

Viviana Zarragoitia

Webinar hosted by: Viviana Zarragoitia

Vice President at Three Point Capital

Viviana Zarragoitia has 11 years of accounting and participation experience with the past four years at Three Point Capital where she oversees all loan closing and advisory services in the Film and Television Division. She began her career working in production and post-production accounting at Millennium Films/NuImage, where she worked on such titles as Rambo, Edison and 16 Blocks. After that, she worked in finance at Bold Films before joining Lionsgate, where she spent 5 years working in profit participation and distribution. Viviana has a BA in Business and English, graduating cum laude from Loyola Marymount University. Full Bio »

As the Vice President of Three Point Capital, Viviana Zarragoitia is one of the most prolific financiers who routinely lend on tax incentives, both domestically and internationally, on independent films. She is aware of the rules and regulations of tax incentives in many jurisdictions, and have spoken on numerous panels about tax credits.

In this webinar she will cover working with transferable vs. non-transferable credits, give an overview of the states and countries that are most popular right now, the reasons why and the incentives that each of them offers.

Viviana will also go through the general steps that are required to take advantage of tax incentives from beginning to end, as well as the requirements to qualify for tax incentives. She will highlight the importance of working with CPAs, the roles of production accountants and line producers, as well as how all departments in a production are affected. She will also use 2 states as case studies for how to go through the process of applying for and receiving a tax incentive.

You will walk away gaining a deeper understanding of the details involved with tax credits; how to take advantage of them, how to monetize them and how to follow the guidelines to ensure they are in compliance with the rules. 


What You'll Learn:

  • Introduction – Discuss tax incentives broadly and define the types of incentives that exist both domestically and internationally (rebates, grants, tax credits, transferable, etc.). Give examples of jurisdictions that have different types of incentives.
  • Discuss which factors to take into account when deciding where to shoot a project based on the incentives offered (discuss minimum budget requirements, financial factors, other projects shooting at the same time, production resources, crew base, etc.)
  • Discuss in broad strokes the application process for tax incentives domestically (when to submit applications, which production materials to include, how to set up the corporate structure, etc.)
  • Discuss how to monitor qualified tax credit spend during production (the role of production accountants, hiring CPAs to oversee the process, etc.)
  • Working with financiers of tax incentives (what they look for, their requirements, etc.)
  • Post-production (deciding to post in-state and receive more credit, pros and cons, etc.)
  • Final application process (materials needed to submit once production wraps, the role of CPAs to provide third-party audit reports, submitting in a timely fashion, working with Film Offices, timing to receive payment, etc.)
  • Case Study: New York (go through requirements, regulations, pros and cons, etc.)
  • Case Study: Georgia (same as above)
  • Things to watch out for (anecdotes from my experience, mistakes, successes, etc.)

About Your Instructor:

Viviana Zarragoitia has 11 years of accounting and participation experience with the past four years at Three Point Capital where she oversees all loan closing and advisory services in the Film and Television Division. She began her career working in production and post-production accounting at Millennium Films/NuImage, where she worked on such titles as Rambo, Edison and 16 Blocks. After that, she worked in finance at Bold Films before joining Lionsgate, where she spent 5 years working in profit participation and distribution. Viviana has a BA in Business and English, graduating cum laude from Loyola Marymount University.

Questions?

If you have a generic question about Stage 32 education you can take a look at our frequently asked questions section on our help page, or feel free to contact support with any other inquiries you might have.
 

Reviews Average Rating: 5 out of 5

Other education that may be of interest to you:

OK, You Made Your Film, So Now What?

You've put in months, maybe years of effort planning, raising funds and shooting your film. You're incredibly proud of your efforts. Now all that remains is getting the film seen and returning some profits to your investors. But what's the best path? Should you enter festivals? Hire a sales agent? Go for theatrical distribution? Attempt to navigate the streaming and VOD platforms? In short, how do you know what's the best route for your film in 2017?   Deciding on how to monetize your project can be very complex. With so many options out there it’s sometimes hard to know what is important and what you can skip. This Stage 32 Next Level Webinar will be your one-stop crash course on how to navigate the marketplace! Your host Bradley Gallo, Chief Creative Officer at Amasia Entertainment (known for The Call, Fear, Inc., Mr. Right, Careful What You Wish For, and the award-winning indie The Road Within) will discuss what options are available for your project once it's complete and help you decide if VOD, theatrical, a festival circuit run or hybrid strategy is best for your film. After giving you the lowdown on options, Bradley will quickly discuss the benefits of each and provide you with a gameplan depending on the path you decide to pursue. Whether you’re selling the film yourself, looking for independent representatives to bring on board, or trying to get into a festival, it’s important to know the steps involved in selling a film, no matter your role in the filmmaking process. Indie films are getting produced and distributed every day! It’s time to learn how to take your film to the marketplace and show it to the world! Your host, Bradley has produced a wide variety of films independently, guided some through the festival markets and sold directly to distributors. He will share his knowledge and real-life experiences exclusively with the Stage 32 community! You will walk away with a sense of the marketplace of today including an overview of how to approach the festival circuit, who should/should not rep your film, how to deal with distributors, VOD vs theatrical and so much more!

Planning The Best Festival Strategy For Your Film

Learn directly from Jon Reiss, a distribution and marketing specialist who's worked with Paramount Pictures, Screen Australia, Film Independent, and is the year-round distribution and marketing lab leader at the IFP Filmmaker Labs. There are thousands of film festivals around the world – and tens of thousands of filmmakers trying to get into them. So what to do with your film? Jon Reiss wrote Think Outside the Box Office and has advised hundreds of filmmakers on their festival and distribution strategy. In this webinar you will learn how to create a film festival strategy for your specific film, how to use festivals to benefit the release of your film, how to be smart once you have been accepted into a festival and make each festival work for your film and career. This webinar will cover the essentials that all filmmakers need to consider in order to create a festival strategy for your film.

How to Shoot a Feature Film in 14 Days for $75,000 and Be Profitable

We are thrilled to bring in veteran producer, director, screenwriter, and actor Zack Ward. Zack began his career with his role as Scut Farkus in A Christmas Story, and has since spent more than three decades acting in over 100 films. All of his years on set have allowed him to learn the elements of making a film inside and out. As a result, over the last several years Zack has gone on to produce 3 films and directed 1 feature film. His film Restoration, which he wrote, directed, acted and produced in is currently available on Amazon, iTunes, Google Play, Hulu, Ubiquity and coming this month on Redbox. This micro-budget film was made for only $75,000, was shot in 14 days - and - here's the kicker - was making money before he ever yelled "ACTION!" Now, exclusively for Stage 32 Next Level Education Zack is going to take you through the processes and procedures he's learned to bring his latest feature film in on time, on budget and profitable.

Writing, Directing & Distributing Your Short Film

Part 1 - Writing, Budgeting & Pre-Production How to write an effective short script The brainstorming process Utilizing real life experiences, what are memorable moments in your life that stick out to you? Moments in a friend’s life? Creating characters: What topics do you uniquely understand? What jobs have you held? What did your parents do for a living? Where did you grow up? Writing in proper format What is the difference between writing “is working” and “works” in a screenplay and why does verbiage matter when writing action? Should I put my WGA and copyright notices on the title page? The business of making a short film What do I need to do to protect myself? Creating an LLC and lawyering up for the right reasons. How much is this really going to cost? Evaluating SAG Short Film Agreements, cost of renting equipment, everything from lighting to locations, and looking forward to release and distributions, what are the costs beyond the actual production of a film? Logistically, how will I be able to execute all the elements? How do I handle room and board for out of town talent? Is there a local film commission I can work with, and if so, what exactly is their role in helping me execute my vision? Part 2 - Directing, Marketing & Distributing Your Film Preparing to direct and the production process What do I need to do before I get to set? What is the purpose of having location walkthroughs? When and how to I make the shot list and how many shots do I really need? How do I make my vision clear to crewmembers while still being collaborative in the process? How do I work with an actor for the first time? How much say should they have in the script and changing the character? Should I allow an actor to change my lines? How do I follow their emotional journey over the course of shooting a film that is totally out of order so it makes sense in the final product? When problems arise on set, how do I respond? What are best practices to maintaining authority without creating conflict? How do I ensure that everyone is getting the proper attention they need so I can avoid problems? What happens if I find out we didn’t shoot something we needed? How do I work with footage or sound that didn’t come out the way I expected? How long should my final product be so I can be successful at film festivals? Marketing your film What can I do to promote my film before we ever start filming? When is the appropriate time to start promoting? What kind of promotion looks and feels professional versus amateur? Is there such a thing as oversharing information on social networks? During production, how can I use my cast and crew to promote the project? What parameters should I set to not give away plot points? What is the role of a still photographer on set and how can I leverage the still photographer for publicity? How do I reach out to press outlets to promote my film? How do I find out what press outlets are the right ones for my film, and how do I even get a journalist interested in covering it? What makes an effective versus ineffective pitch letter? Releasing your film What makes an effective trailer? How can I best prepare and present the trailer and still photos for promotional purposes? Should I create a Facebook page for my film and a website and a Twitter and an Instagram, etc.? How do I get into Sundance? If I don’t get into Sundance, is my career finished? There are entirely too many film festivals, how do I begin to figure out which ones are good and which ones are bad? What are effective ways of meeting, then following up, with producers and gatekeepers that I meet at these events? What kind of communication does an executive find annoying? Should I sell my film or give it away for free? If I give it away for free, how will I be able to pay myself back? How do I quantify if my film was a success? How do I use the short film to get myself ready for my next project? What if the film didn’t come out the way I wanted, am I completely done as a filmmaker? How do I use the lessons I learned to make my next project better? Now that I’ve made my first short film and loved it, how do I make this my full time job and become a professional filmmaker?

Using Self-Publishing to Enhance Your Screenwriting Career

The new wave of indie publishing has taken the book industry by storm. Previously unknown and/or unpublished authors are making a living—sometimes a prosperous living--by writing. Traditionally published authors are also developing hybrid careers, where they write for their publishers as well as self-publish. Some successful indie authors are also catching the attention of traditional publishers, who are acquiring their books.  Screenwriters may struggle to find recognition for their work and make a living with their writing. Often screenwriters must have a “day” job in order to survive, which can leave little time and energy to pursue their dreams of success. Adapting screenplays into a books may produce extra income and recognition, as well as provide other benefits to a screenwriting career. In this Stage 32 Webinar, Debra Holland will discuss her journey from an unpublished author to a NY Times Bestselling author. In her six years of indie publishing, Debra has sold more than a million books and has made a six-figure income for the last five. She’ll introduce you to self-publishing, provide some tips for adapting your screenplays into books, cover basics to get you started in indie publishing, and help you consider whether self-publishing your screenplays as books might be conducive to your career as a screenwriter.

Deconstructing the Oscar-Nominated Script: 'Inside Out'

  You can join Daniel Kendrick, Manager and Development Executive at Chatrone (Golden Globe nominated animation feature film The Book of Life, with animated clients for SpongeBob SquarePants, The Lego Movie, Robot Chicken, Teenage Mutant Ninja Turtles) as he deconstructs PIXAR's Oscar-nominated script, Inside Out! As the second highest grossing PIXAR film ever made and Oscar nominee, what makes Inside Out resonate so deeply with audiences across the world? PIXAR, the world’s premiere animation studio, has yet again managed to produce a smash hit that makes everyone laugh and cry all the way from children to grown adults. Join your host, Daniel Kendrick as he delves deep to deconstruct the Inside Out script as part of the popular Stage 32 Next Level Education "Deconstructing the Script" series! You will learn the storytelling strategies and techniques PIXAR employs to produce hit after hit award-winning animated features. Daniel will go over the methods by which PIXAR tweaks traditional story structure to compose an enthralling character piece. You will understand the plot points and characterization that makes the fictional inhabitants of a mind in this script so appealing and endearing. You will also understand the visual and poetic appeal of Inside Out and its characters’ journeys. You will walk away with a solid understanding of all the elements that make Inside Out a successful script including: protagonist, plotlines, characters, dialogue & visuals, set ups & pay offs, animation and overall development. To find out more, click the "What You Will Learn" tab above!

register for stage 32 Register / Log In