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35% production rebate inbound for Saudi Arabia

35% production rebate inbound for Saudi Arabia

Written by Tom Deehan on May 11, 2018. Posted in Incentive News

Representatives from Saudi Arabia’s production industry have announced that a myriad of incentives, including a 35% rebate on expenses, are soon to be implemented. The announcement came during a press conference at the Cannes Film Festival designed to spark international interest in Saudi Arabia as a filming destination.

Serbia’s film rebate expands from 20% to 25%

Serbia’s film rebate expands from 20% to 25%

Written by Tom Deehan on Feb 15, 2018. Posted in Incentive News

Serbia now offers a 25% cash rebate with an expanded annual budget of EUR6.7 million, double the previous amount that was afforded to the incentive. The increase comes with a change to the criteria for television shows, which are now required to meet a minimum spend per-episode of EUR100,000 to qualify.

New budget proposal could halt applications for Kentucky's film incentive

New budget proposal could halt applications for Kentucky's film incentive

Written by Tom Deehan on Jan 22, 2018. Posted in Incentive News

At last week’s State of the Commonwealth address, Kentucky Governor Matt Bevin outlined his decision to prevent any new applications from being accepted for the state’s film incentive programme. A total of 70 state-funded programmes will be eliminated under Bevin’s 2018 budget, but the local film incentive is the only tax break targeted in the plan.

West Virginia’s Legislative Auditor calls for elimination of state film incentives

West Virginia’s Legislative Auditor calls for elimination of state film incentives

Written by Tom Deehan on Jan 11, 2018. Posted in Incentive News

West Virginia’s film incentive and film office could be on their way out after the state Legislative Auditor has called for their elimination. The move appears to be part of a continued attempt to cut government funding for the state’s production industry after the West Virginia Film Office had its funding cut last year, before being assimilated by the West Virginia Tourism Office.

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