Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE32 REVENUE AND TAXATION |
CHAPTER360. General Provisions |
TRANSFERABLE TAX CREDITS FOR FILM AND OTHER PRODUCTIONS |
NRS360.7586. “Qualified production” defined. [Effective January 1, 2014, through June 30, 2023.]
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1. “Qualified production” includes preproduction, production and postproduction and means:
(a) A theatrical, direct-to-video or other media motion picture.
(b) A made-for-television motion picture.
(c) Visual effects or digital animation sequences.
(d) A television pilot program.
(e) Interstitial television programming.
(f) A television, Internet or other media series, including, without limitation, a comedy, drama, miniseries, soap opera, talk show or telenovela.
(g) A national or regional commercial or series of commercials.
(h) An infomercial.
(i) An interstitial advertisement.
(j) A music video.
(k) A documentary film or series.
(l) Other visual media productions, including, without limitation, video games and mobile applications.
2. The term does not include:
(a) A news, weather or current events program.
(b) A production that is primarily produced for industrial, corporate or institutional use.
(c) A telethon or any production that solicits money, other than a production which is produced for national distribution.
(d) A political advertisement.
(e) A sporting event.
(f) A gala or awards show.
(g) Any other type of production that is excluded by regulations adopted by the Office of Economic Development pursuant to NRS 360.759.
(Added to NRS by 2013, 3090, effective January 1, 2014)