Tennessee: tax incentives, credits and advisors
Tennessee's state incentives include a 25% film and TV cash grant for productions spending $500,000 or more and a qualified production credit against franchise and excise tax.
Facts checked 2026-10-26 against the official sources linked below.
Below are the major Tennessee incentives we could verify against an official source, grouped by type. This is not an exhaustive list of every state program. Credits flagged Transferable can be sold or assigned to another taxpayer under state rules; see transferable state tax credits. Each row shows the date we last checked it.
Tennessee film and media incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Film and TV production grant | Grant (cash) | Productions spending at least $500,000 of qualified Tennessee spend per project or episode | 25% cash grant rebate; no per-project cap | No (grant) | Cash grant | Active | Tennessee Entertainment Commission, Incentives Last verified 2026-10-26 |
| Qualified production franchise and excise tax credit | Credit | Qualified production companies with Tennessee compensation (Tenn. Code 67-4-2109(j)) | Can offset up to 50% of franchise and excise tax liability | Not stated | Not stated | Active | Tennessee Entertainment Commission, Incentives Last verified 2026-10-26 |
Tennessee jobs, investment and enterprise zones incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Job tax credit | Credit | Companies creating qualifying jobs in Tennessee | $4,500 per job against franchise and excise tax; enhanced credit of another $4,500 in Tier 2-4 counties | Not stated | Not stated | Active | TNECD, OpenECD Tax Incentives Last verified 2026-10-26 |
| Industrial machinery tax credit | Credit | Taxpayers purchasing qualified industrial machinery located in Tennessee | 1% of purchase price; offsets up to 50% of franchise and excise tax; 25-year carryforward | Not stated | Not stated | Active | Tenn. Code 67-4-2009; TNECD, OpenECD Tax Incentives Last verified 2026-10-26 |
Advisors located in Tennessee
No advisors in our directory list a Tennessee location yet. Browse all advisors, or list your firm.
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Common questions
Does Tennessee have a film tax credit?
Its main incentive is a 25% cash grant for $500,000 or more of qualified Tennessee spend, with no per-project cap.
Is there a Tennessee film tax credit too?
Yes. A qualified production credit can offset up to 50% of franchise and excise tax liability.
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