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Czech Government rejects film tax incentive
The proposal would have offered producers a 20% tax rebate on Czech spend. The news is particularly bad for Czech production service providers who are experiencing difficult times following the Hollywood writers strike and the weakness of the dollar.
New New Zealand incentive fund
From July 1st, the NZ government is pledging to give 40% of the NZ spend for Feature Films with significant NZ content. Spend must exceed NZ$ 5 million inorder to qualify for this new SPIF ( Screen Production Incentive Fund…
UK & India agree details for new agreement
The UK and Indian governments have said they have finished the necessary negotiations to enable the long-touted UK-India film co-production agreement to come into force. The treaty will let UK and Indian film-makers co-produce films that will be eligible for…
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…
Foreign films may apply for funding in Taiwan
Foreign productions that have gained the Department of Motion Pictures permission to shoot and produce films in Taiwan may apply for funding as long as their production expenses in Taiwan exceed US$100,000. Funds that may be applied for are as…
Malta increases cash rebates from 20% to 22%
The Malta Film Commission on Saturday announced its revised financial incentives for film and TV productions shooting on the island. The cash rebates are given to qualifying companies on Malta-based production spend. Up to 22% can be claimed as a…
New Australian tax beak gets taken up by Warner Brothers
Warner Brothers and the next Harry Potter are to become the first company / film to use the 15% post-production , digital and visual effects (PDV ) offset introduced by the Austrlain Government in mid 2007. This offset aims to…
South Africa announces new incentive programme
The Department of Trade and Industry (the dti) just announced new incentive programmes for the film industry, which will be effective from the 1st February 2008. The new film and television production incentive comprises of the Location Film and Television…
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…
Ontario Government announces enhancement to Tax Credits
The Ontario government announced in the last week the following proposed enhancements to the Ontario Film and Television Tax Credit (OFTTC) and the Ontario Production Services Tax Credit (OPSTC) on expenditures incurred after December 31/07: OFTTC – rate increase to…