Written by new-contact on Apr 24, 2012. Posted in Incentive News

Alaska to fund its revised location filming incentive for 10 more years

The Alaskan location filming incentive has proved controversial, but the state has decided to keep it alive on a long-term basis. Over the next decade USD200 million will be channelled into the programme, with a series of changes designed to boost its appeal to feature projects like Big Miracle.

Alaska's above-the-line incentives include a sharply reduced tax rate and extra credits for hiring local crew. Below-the-line incentives have been doubled, while the production spend figure needed to qualify for incentives in the first place has been reduced.

We directly link the credit for Hollywood producers to Alaska hires and using Alaska business so spending is no longer general for above-the-line costs.

Representative Mia Costello

Representative Mia Costello was involved with the incentive extension and spoke to the Alaska Journal: “We directly link the credit for Hollywood producers to Alaska hires and using Alaska business so spending is no longer general for above-the-line costs. So the philosophy is they earn their credits by hiring Alaskans and using our businesses, and I think that’s what people want.”

It seems Hunter Killer, a USD100 million feature, is set to film in Alaska and could have a massive impact on how the major Hollywood studios view the state and its resources.

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