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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…
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…
Northern Ireland increases benefit limit by GBP200000
Northern Ireland Screen Fund will invest between £150,000 and £800,000 up to a ceiling of 25% of the overall project costs. The fund offers production funding, in the form of a repayable loan, for a limited number of feature films…
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…
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…
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…
Serbia plans tax exemptions
A team of experts from Film Center Serbia, in cooperation with the Ministry of Culture of the Republic of Serbia, has developed a draft proposal of the Film Industry Act, which the Ministry of Culture has proposed to the National…