LAC 61:I.6325. QEC Application and Application Fee

A. Application 1. A QEC application form shall be submitted to the office, via registered mail or if available, submitted electronically, to include; a. a detailed company description, explaining how the business is directly or indirectly engaged in the development of audio, visual, or both audio-visual entertainment products for public consumption; b. number of current and proposed new employees, with payroll estimates and average hours worked per week; c. disclosure of affiliates; d. most recent ES-4 tax form; e. any other additional information as requested by the office or the secretary. B. Application Fee 1. A non-refundable application fee of 0.5 percent of the estimated total tax credits, with a minimum fee of $500, and a maximum fee of $15,000, shall be submitted with the QEC application, payable to the office, as required by R.S. 36:104.