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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…
Dubai developing film incentives
Dubai, through Dubai Media City are currently developing a formal financial incentive scheme to entice foreign production to Dubai. Currently on offer to productions setting up offices in Dubai Studio City are the following benefits: 100% foreign ownership. 100% exemption…
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…
Wyoming Film Incentives Now Available
FIFI has been let out to play and can begin sniffing for business today in Hollywood. Wyoming Governor Dave Freudenthal signed the Film Industry Financial Incentive (FIFI) program into law this afternoon at a ceremony in the state capitol. It…
Seoul Film Commission launches programme for on location shooting
As the first film commission in South Korea, Seoul Film Commission launches an incentive program for foreign film productions. The Film Production Cost-Support program, to 100% funded by the city government, can provide a refund of up to 25% on…
Maryland's Rebate Programme Ammended
Maryland's Employer Wage Rebate Grant Programme has just been amended. For each fiscal year (which begins on the 1st of July), the programme now has $4 million to attract filmmakers to the state. A qualifying production can receive a rebate…
Film London - launches Concierge Service
Film London recently soft-launched its Concierge Service, a scheme designed to drive down the cost of filming in the capital. We’ve negotiated deals with a number of airlines and hotels, available to both local and international film-makers, and are offering…
Norway to introduce trial subsidy scheme
Starting in 2008, Norway will introduce a trial scheme of subsidies for foreign film productions in Norway. The subsidy will be calculated on the basis of documented costs incurred in Norway, and will amount to 15 per cent of these…
Michigan - Huizenga Film Bill Becomes Law
Legislation to increase production in the state of Michigan has been signed into law, announced state Rep. Bill Huizenga. Public Act 657, formerly House Bill 5204, allows Michigan to join several other states that have significant tax benefits for filming…
New Tax Exemption for Indiana
Effective January 1, 2007 through December 31, 2008 purchases of tangible personal property are exempt from Indiana sales tax if the property was bought for direct use in a motion picture production in Indiana. This exemption is available for purchases…