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Thailand plans tax refunds to entice foreign producers
In order to entice more foreign producers to come and film in the Kingdom, the Thai cabinet have just approved in principle plans for more tax incentives for foreign productions. These new incentives will be the form of tax refunds…
Italian industry threaten boycott over film tax credits
Leading film industry bodies in Italy are threatening to pull Italian entries to the Venice, Rome and Turin film festivals if the country's new right-wing government abolishes tax credits promised in the 2008 national budget. The threat was including in…
New Alaska transferable incentive signed
The new Alaska transferable incentive was signed on June 4th and takes effect from September 1st, 2008. It will provide a tax credit of 30% for all Alaska expenses on qualified Alaska spend, 30% for cast and crew and further…
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…
Alaska Senate pass incentive
SB230 passed the Alaska Senate on Tuesday, March 4th. The new bill, which now goes to the Alaska House, will provide a 30% tax credit for all labor (with a proposed $2M hire cap), an additional 10% for Alaska labor,…
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…
Illinois 20% incentive passed in the house
The 20% incentive passed overwhelmingly in the house, however because of super Tuesday they will have the incentive up and running in about two weeks.