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Latest News (2085)
New filming incentives for Mississippi
Mississippi has passed new incentive legislation that provides a 20% rebate for qualified local spend, a 25% rebate on resident cast and crew, and a 20% rebate for non-resident cast and crew, up to and including USD1 million per individual.
Screen Australia approves 25 projects for production
Screen Australia's board met in Brisbane on August 18 and approved a range of projects in all major areas of production. In total 25 projects were approved for funding during August, with a production value of USD86 million. This includes…
Hungarian film incentive increased
Hungary’s tax relief system for the film industry has been amended to encourage even more production in the Eastern European hub. The cash rebate of up to 20% of eligible Hungarian production expenses has been amended to include a further…
New funds released for Arizona
Applications for funds available in January 2009 will be accepted from November. USD80 million has been allocated. This will take the form of a transferable tax credit. However, 50% of the cast and/or crew must be Arizona residents to qualify…
Filming the Beijing Olympics
There is much consensus among local industry experts that the Beijing Olympics have already had an impact on the work rate of local production and service companies. Industry professionals from across the world have become more focused on China as…
Michigan - new film incentive package signed
Governor Jennifer M. Granholm today signed into law legislation designed to grow the film industry in Michigan, setting the stage for hundreds of millions of dollars in private investment that will create jobs in the state. The legislation was proposed…
Michigan looks at upping the ante
A year ago, Michigan tried luring moviemakers to the state by giving them hefty tax rebates. But it lost its competitive edge when other states started offering even better deals. Now, state lawmakers and Gov. Jennifer Granholm are looking at…
BC boosts production services tax credits - 18% to 25%
The province of British Columbia has boosted its production service tax credits, matching a recent rise in credits in Ontario and Quebec. The tax credit for foreign-financed productions will rise from 18 per cent of labour costs to 25 per…
Italian production incentives on track
Incentives in the form of tax credits have been introduced for FYs 2008 and 2009 to strengthen the Italian movie production in favor of investors not belonging to the movie business and the industry players. The proposal provides for different…
Oregon legislature increases film incentive programme
At the request of Governor Kulongoski, Oregon’s legislature has passed a bill expanding the Oregon Production Investment Fund. This legislation increases the rebate for productions in Oregon to 20% of goods and services paid to Oregon vendors and 16.2% of…