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film finance News

South Korea Announces Film Tax Breaks

by Mary Swire,, Hong Kong

Tuesday, March 21, 2017

In an effort to boost the national film and television sector in the face of Chinese restrictions on imports from the country, the South Korean authorities have announced new tax breaks for companies operating in the entertainment sector. Read Full Story


SARS Issues Guide On Film Finance Tax Break

by Lorys Charalambous,, Cyprus

Wednesday, November 23, 2016

The South African Revenue Service has published a guide providing general guidance on the exemption from normal tax for income derived from the exploitation rights of a film. Read Full Story


Nova Scotia Compromises On Film Industry Incentives

by Mike Godfrey,, Washington

Friday, April 24, 2015

The Nova Scotian Government has announced plans to replace the Film Tax Credit with a new film and television industry fund. Read Full Story


Film Tax Breaks Proposed For An Independent Scotland

by Amanda Banks,, London

Friday, June 27, 2014

Scotland's Culture Secretary, Fiona Hyslop, has released a discussion draft on support options that the Scottish Government could offer the film industry in an independent Scotland. Read Full Story


China Announces Film Sector Tax Breaks

by Mary Swire,, Hong Kong

Monday, June 30, 2014

The Chinese Ministry of Finance has announced a package of supportive tax measures for domestic film-makers and distributors. Read Full Story


European Commission Extends Hungarian Film Rebate

by Ulrika Lomas,, Brussels

Tuesday, October 1, 2013

The European Commission has agreed to allow Hungary to extend a tax incentive for domestic and international filmmakers for a further six years. Read Full Story


Five To Be Charged For UK Film Tax Fraud

by Jason Gorringe,, London

Friday, May 3, 2013

Five people are to be prosecuted in connection with a UK film tax relief fraud allegedly costing the public revenue around GBP125m (USD195m), according to the Crown Prosecution Service. Read Full Story


Lithuania Lures Film-Makers With Tax Breaks

By Ulrika Lomas,, Brussels

Tuesday, April 23, 2013

Lithuania's parliament has approved an amendment providing tax breaks for film production in the country Read Full Story


HMRC Offers Film Production Partnership Settlement Opportunity

by Robert Lee,, London

Wednesday, January 23, 2013

HM Revenue and Customs has written to investors in film production partnerships with details of a "settlement opportunity," following a number of tax tribunal cases in which HMRC successfully argued that particular schemes existed primarily to avoid tax. Read Full Story


Isle Of Man Economy Resilient

by Jason Gorringe,, London

Tuesday, January 15, 2013

The Isle of Man government expects the local economy to expand at more than twice the average gross domestic product growth rate anticipated for Organization for Economic Cooperation and Development member states this year. Read Full Story



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