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 Malta Film Commission on Saturday announced its revised financial incentives for film and TV productions shooting on the island.
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.
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.
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 province of British Columbia has boosted its production service tax credits, matching a recent rise in credits in Ontario and Quebec.
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:
Northern Ireland Screen Fund will invest between £150,000 and £800,000 up to a ceiling of 25% of the overall project costs.
Ontario is proposing to increase its Production Services Tax Credit to foreign-financed productions filming in the province from 18 to 25%. Further to this an increase from 30 to 35% for the Ontario Film and Television Tax Credit for which official Canadian