1.181-0T—Table of contents (temporary).
This section lists the table of contents for §§ 1.181-1T through 1.181-6T.
§ 1.181-1T;Deduction for qualified film and television production costs (temporary).
(a) Deduction.
(1) In general.
(2) Owner.
(3) Production costs.
(b) Limit on amount of production costs and amount of deduction.
(1) In general.
(2) Higher limit for productions in certain areas.
(i) In general.
(ii) Significantly incurred.
(iii) Animated film and television productions.
(iv) Productions incorporating both live action and animation.
(v) Records required.
(c) No other depreciation or amortization deduction allowed.
§ 1.181-2TElection (temporary).
(a) Time and manner of making election.
(b) Election by entity.
(c) Information required.
(1) Initial election.
(2) Subsequent taxable years.
(3) Deductions by more than one owner.
(d) Revocation of election.
(1) In general.
(2) Consent granted.
(e) Transition rules.
(1) Costs first paid or incurred prior to October 23, 2004.
(2) Returns filed after June 14, 2006, and before March 12, 2007.
(3) Information required.
§ 1.181-3TQualified film or television production (temporary).
(a) In general.
(b) Production.
(1) In general.
(2) Special rules for television productions.
(3) Exception for certain sexually explicit productions.
(c) Compensation.
(d) Qualified compensation.
(e) Special rule for acquired productions.
(f) Other definitions.
(1) Actors.
(2) Production personnel.
(3) United States.
§ 1.181-4TSpecial rules (temporary).
(a) Recapture.
(1) Applicability.
(2) Principal photography not commencing prior to January 1, 2009.
(3) Amount of recapture.
(b) Recapture under section 1245.
§ 1.181-5TExamples (temporary).
§ 1.181-6TEffective date (temporary).
(a) In general.
(b) Application of regulation project REG-115403-05 to pre-effective date productions.
(c) Special rules for returns filed for prior taxable years.