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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…
Ontario to increase production tax credit
Ontario is proposing to increase its Production Services Tax Credit to foreign-financed productions filming in the province from 18 to 25%. Further to this an increase from 30 to 35% for the Ontario Film and Television Tax Credit for which…
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 (…
Berlin announces availability of USD85 million to entice productions
Production companies with operations in Berlin will be eligible to apply for guarantees as security against loans for film finance untill 2013. $23m has already been made available for four guarantees since 2000. Berlin is experiencing a boom through both…
Irish production fund gets USD2.8 million injection
To further encourage foreign film & TV production companies to shoot in Ireland, the Minister for Arts, Sports & Tourism, Seamus Brennan has committed an aditional $2.8 million for the Irish Film Board (IFB). Productions that have benefitted from the…
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…
Utah rises rebate from 10% to 15%
The Utah Film Commission has just announced an increase of 50% to the rebate of the MPIF (Motion Picture Incentive Fund). The cap stays at $500,000 with an obligatory budget per film of a minimum $1m. The board have recently…
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:…
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…
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…