OBS_VALUE: The deduction of section 181 applies up to 15 million USD and it does not apply to film and television productions commencing after December 31, 2020.In NY state, tax credits for qualified production and post-production costs incurred in the state are available under the same conditions to domestic and foreign production companies subject to corporation tax in NY. The aggregate amount of tax credit is capped and is allocated in the order of filing an application.