Written by on Jul 1, 2010. Posted in Incentive News

Florida launches new filming incentive scheme

Florida’s new filming incentive scheme becomes available from today in a bid to attract more productions to film in the state. The 2010/2011 Florida Film & Entertainment Industry Financial Incentive Programme will offer USD242 million in transferable tax credits over the next five years. Nearly USD55 million worth of this fund will be available for 2010/2011.

A transferable tax credit of up to 30% is available to productions across the audiovisual industry. This figure includes two potential bonuses of 5% for family-friendly content and off-season filming respectively.

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