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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.
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…
Nanavut administers labour rebate Programme
Nunavut Film administers a Labour Rebate Program that provides up to 50% of costs incurred by Nunavut-based producers shooting in the territory. This program allows foreign filmmakers undertaking projects here in partnership with local producers to defray significant production related…
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…
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…