Bidding & Production · Wavemist Certified

Incentives, Permits & Tax

What you'll learn

• ✓ Distinguish the forms a production incentive can take (refundable vs transferable vs non-refundable tax credit, cash rebate, exemptions, uplifts) and know which mechanic determines how a producer actually monetizes it
• ✓ Identify the diligence questions that drive an incentive's real value: qualified-spend definition, caps, minimum-spend threshold, application timing, and legislative/sunset risk
• ✓ Match a production activity (pyro, drone, street closure, temporary structure) to the governing body and permit it requires, and the pattern for pulling permits on the advance
• ✓ Recognize production-company tax mechanisms (deductions, bonus depreciation/Section 179, Section 181 expensing) as frameworks that always defer to current code and a CPA — never a quoted rate

Read the short course, then pass the exam with a perfect score — retake it as many times as you need — to earn a verifiable certificate. It teaches the framework and the vocabulary; exact union rates always come from the governing agreement, never a number memorized for a test.