California State Tax Credits
State Tax Credit Investments


California Low Income Housing Tax Credit Summary

  • Applicable against corporate franchise, individual income, and insurance company tax (other than tax on ocean marine insurers).
  • Credit claimed over 4-year period (10-year for Federal).
  • 30-year compliance period (instead of 15).  Taxpayers have to comply with 30-year regulatory agreement.
  • Carryover of excess credits and may be used beyond the credit’s repeal date until exhausted.
  • Corporations eligible for credits may transfer credits to other affiliated corporations.
  • Credit can be sold under certain conditions.


Interested in investing to create more affordable homes in California or monetizing your tax credits?

California Film Tax Credit Summary

  • Income tax offset.
  • Sunset date: June 30, 2025
  • Credit must be utilized during year of transfer or within the 5-Year carryforward period of the transferor.
  • No recapture for the transferee.
  • Transferable tax credit (one-time)
  • $5,000,000 usage limitation for transferees for tax years 2020, 2021, and 2022.


Interested in investing to create inspiration and boosting California’s economy or monetizing your tax credits?

Contact us for more information about impact investing, federal and state tax credits.