HAR § 18-235-17-07 — Qualified productions; $200,000 threshold determination

(a) Section 235-17(d) (2), HRS, requires that a production have qualified production costs totaling at least $200,000. (b) Each production must independently meet the $200,000 qualified production cost threshold imposed by section 235-17(d)(2), HRS. A taxpayer may not combine the qualified production costs of separate productions to meet the $200,000 qualified production cost threshold. However, a taxpayer may combine the qualified production costs of multiple taxpayers associated with a single production to meet the $200,000 qualified production costs threshold. HRS §235-17 HRS §235-17 HRS §235-17