MPC: Virginia Motion Picture Production Tax Credit (2024)
Virginia · Virginia Tax · Used for tax years 2024
Virginia Form MPC requests a refund of the Virginia Motion Picture Production Tax Credit. It records the credit holder’s information, the tax year in which the credit may be claimed, the refund amount requested, and the owner’s or authorized representative’s certification.
Who files this form
Use Form MPC to request a refund of the Virginia Motion Picture Production Tax Credit if:
- You are a pass-through entity (PTE) requesting a direct refund instead of allocating the credit to individual partners, shareholders, or members.
- You are requesting a refund when Virginia does not require you to file an income tax return.
A refund paid directly to a PTE may not be allocated to its owners.
What you'll need
You must enclose a copy of the credit certificate issued by the Virginia Film Office within the Virginia Tourism Authority.
Have the following information ready to complete Form MPC:
- The credit holder’s legal entity name, FEIN, address, contact information, and entity type.
- The start and end dates of the tax year in which the credit may be claimed.
- The refund amount requested.
- Authorized representative information, if applicable.
If you are not registered with the Virginia Department of Taxation, you must complete Form R-1, Business Registration Form, before submitting Form MPC.
How to file
- If you are not registered with the Department of Taxation, complete Form R-1 before submitting Form MPC. Visit www.tax.virginia.gov to register online or download the registration application.
- Complete the credit holder information, tax year dates, refund amount, and authorized representative information, if applicable.
- Have the owner or authorized representative sign and date the declaration and provide their title, printed name, phone number, and email address.
- Include a copy of the credit certificate issued by the Virginia Film Office.
Mail Form MPC to:
Virginia Department of Taxation
Tax Credit Unit
P.O. Box 715
Richmond, VA 23218-0715
Or fax it to (804) 774-3902.
For assistance, call (804) 786-2992.
Common mistakes
- Submitting before registering. If you are not registered with the Department of Taxation, complete Form R-1 before submitting Form MPC.
- Leaving out the credit certificate. You must enclose a copy of the certificate issued by the Virginia Film Office within the Virginia Tourism Authority.
- Allocating a refunded credit to PTE owners. A credit refunded directly to the PTE cannot be allocated to owners on Virginia Schedule VK-1 or claimed by any owner on a Virginia income tax return.
- Requesting a direct PTE refund without all owners’ agreement. The declaration certifies that all PTE owners agree to the refund being issued directly to the entity.
Questions people ask
Can a PTE receive the refund directly?
Yes. Form MPC allows a PTE to request a direct refund instead of allocating the credit to its partners, shareholders, or members. All owners must agree to the direct refund.
Can owners also claim a credit refunded to the PTE?
No. Any credit refunded directly to the PTE cannot be allocated on Virginia Schedule VK-1 or claimed by an owner on a Virginia income tax return.
Can I request a refund if Virginia does not require an income tax return?
Yes. The form lists requesting a refund when no Virginia income tax return is required as a reason for submitting Form MPC.
Who signs Form MPC?
The owner or authorized representative signs the declaration that the application and its accompanying materials are true, correct, and complete to the best of their knowledge and belief.
Where can I get help with Form MPC?
Call (804) 786-2992 for assistance.