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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…
Australian tax rebate swings into action
The new financing system (rebate) put in place this year allows producers who qualify to get back 40% of the Australia spend as long as they spend at least $1 million. This rebate is currently administered by the FFC (…
Singapore & Australia sign new treaty
During the recent Asia Pacific Economic Cooperation Summit, Australia's Minister for Arts & Sport, George Brandis and George Yeo, Singapore's Minister for Foreign Affairs have shaped out a new treaty to encourage greater creative partnerships and incentives from producers of…
New Zealand changes large budget screen grant
The New Zealand Government today announced changes to New Zealand’s Large Budget Screen Production Grant (LBSPG). The changes were formulated following a review of the LBSPG that incorporated industry consultation. Key aspects of the LBSPG that have been amended are:…
Czech Republic to entice foreign productions with 20% rebate
The proposal is for a 20% tax rebate for foreign and domestic productions filming in the Czech Republic through a new bill that will be put forward to cabinet in October. The Ministry of Culture is currently in talks with…
International productions benefit from new German fund
International co-productions filming in Germany have got over half of the USD28 million allocated by the new German Federal Film Fund (DFFF) in the initial six months of operation. Project manager Christine Berg explained that USD16.3 million had been awarded…
Montana offers improved tax incentives
Montana’s unparalleled scenery and distinctive culture has made Big Sky Country a choice location for countless productions, and now improved tax incentives are giving the film industry a new reason to put the Big Sky back on the Big Screen.…
Jamaica / UK unveil co-production treaty
The Jamaican and British governments are combining efforts to encourage filmmakers from their respective countries to work on co-productions. Broadcasting minister Shaun Woodward and Del Crooks, Jamaica's film commissioner, recntly publicised the deal, in which they will encourage UK film…
Massachusetts recapture problem solved
Tax Credits LLC is very proud to report that we’ve just won the war in Massachusetts on the recapture issue which now opens one of the largest, if not the largest buying capacity states in the country to support one…
Iowa announces new incentive updates
Transferable Iowa income tax credit based on 25% of qualified in-state expenditures to go to "Producer". Transferable Iowa income tax credit based on 25% of qualified in-state expenditures to go to "Investor". 100% income exclusion to Iowa-based companies or Iowa…