INCENTIVE DESCRIPTION

State: HI
Incentive Type: Income/Franchise Tax Incentives and Credits
Incentive Title: Other Tax Credits
Description: 1. SOLAR SYSTEM ENERGY TAX CREDIT: 35% or $250,000, whichever is less, for hotels, commercial, and industrial facilities. 2. WIND SYSTEM ENERGY TAX CREDIT: 20% or $250,000, whichever is less, for commercial property. 3. MOTION PICTURE & FILM PRODUCTION INCOME TAX CREDIT: Refundable tax credit available to television and film production occurring in Hawaii. Credit is capped at 4% of total costs.
Eligibility Requirements: 1. This tax credit applies to solar water heaters and photovoltaic systems, as well as to other devices which convert solar radiation to electricity or to thermal energy, installed and placed in service before 1/1/2008. 2. This tax credit applies to wind energy systems installed and placed in service before 1/1/2008. 3. Filming must occur in Hawaii.
Geographic Restrictions: Statewide
Granting Authority: Department of Revenue


The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information
Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.