A series of filming incentives are expected to be put forward to the Thai government by the Thailand Film Office sometime next week, reports the Bangkok Post. The proposition is expected to include an income tax exemption for foreign actors, a production VAT refund and a tax credit of up to 25% for foreign film productions.
The government in New South Wales (NSW), Australia, is to announce a AUSD25 million funding boost for existing filming incentives to encourage more production in the state.
New Zealand and China are expected to sign a film production treaty within the next few weeks. Films produced in New Zealand under the co-production agreement will be considered local productions in the Chinese market.
The shoot of Ralph Fiennes’ directorial debut Coriolanus has wrapped in Belgrade and the positive buzz could result in a national rebate launch, according to a Reuters report.
A new incentive is being considered in Greece to encourage greater investment in the country’s audiovisual industry.
A partnership agreement has been signed between Film London and the Ile de France Film Commission at the Cannes Film Festival. The collaboration will include post-production talents from London attending Parisfx in December this year. Several French producers will attend October’s Film London Production Finance Market.
Foreign productions looking to qualify for Australia’s Locations Offset scheme will no longer have to spend at least 70% of their total budgets in the country.
Arab filmmakers are to be supported by way of a new grant from the rebranded Abu Dhabi Film Festival that will provide USD500,000 every year to encourage production in the Middle East.