Digital Interactive Media and Software Program
Louisiana's Digital Interactive Media and Software Program offers major tax credits to in-state businesses developing digital media and software, supporting innovation and local economic growth.
Funder: Louisiana Economic Development
Due Dates: Rolling
Funding Amounts: Up to 25% tax credit on qualified in-state payroll; 18% tax credit on qualified production expenditures; no explicit cap; refundable or available as a rebate.
Summary: Tax credits for Louisiana-based businesses developing digital interactive media and software products.
Key Information: Only Louisiana-based work and expenditures qualify; some product types are excluded.
Description
Louisiana's Digital Interactive Media and Software Program provides substantial tax credits to businesses producing digital interactive media products or platforms in the state. The program is designed to foster growth in Louisiana’s digital media and software development sector by reducing development costs and incentivizing in-state hiring and spending. Qualified companies can receive a 25% tax credit on payroll for Louisiana resident labor and an 18% tax credit on qualified production expenditures. If the credits exceed state income tax liability, the balance is refunded or can be taken as a rebate at 85% of the value at any time during the year.
