DESIGN ⋅ DEVELOPMENT ⋅ PACKAGING ⋅ INTERNATIONAL CO-PRODUCTIONS
French Tax rebate for international production (TRIP)
The TRIP supports foreign production companies whose projects are completely or partly made in France. To be eligible, projects must include cultural elements related to French and European culture, heritage or territory. Eligibility is based on a Cultural Test, which assesses the relativity of the story, locations, characters, sources, landmarks, creators, crew and technical hubs. For VFX-intensive and animated films, there is a dedicated Cultural Test acknowledging the singularities of the genre.
The TRIP is selectively granted by the CNC and Film France to the line producer of the work in France. The amount represents 20% of the eligible film expenses incurred in France, and soon will be capped at €4 million per project (USD $5.2 milllion as of March 2013).
http://www.filmfrance.net/v2/gb/home.cfm?choixmenu=taxcredit
Canadian/Québec Tax Credit
Québec offers some of the most advantageous tax rebates available in North America: 25 % cash-back on all expenses, 20 % bonus on all CGI and Green screen shots applicable on extended eligible labor, with no minimum spend nor caps. Plus, at the federal level, you get an additional tax incentive of 16%, net of any assistance, of eligible labour expenditures within Canada (CISP).
http://www.qftc.ca/tax-incentives/information
Belgium Tax Shelter System
The Belgian Tax Shelter is a government-approved tax incentive designed to encourage the production of films and one of the very few audiovisual systems that applies to the whole of Belgium rather than to a particular language community.
Belgium-based investors who invest in Belgian films are given a 150% tax break. Their investment is structured as a 40% loan and a 60% risk investment. Producers can raise around 25% of their overall budget through the system.
A company providing financial backing for a film can benefit from exemption of any retained taxable profits worth up to 150% of the sums actually paid. The upper limit on investment is 50% of a company's retained profits, up to a limit of $695,000 (€500,000). A producer can attract several different investors to a project as long as the overall amount of the tax shelter money is not more than 50% of the production budget. Production and operating costs in Belgium must amount to at least 150% of the equity part of the investment (not the loan part).
http://www.screenflanders.be/uploads/files/downloads/19LR_TaxShelter_2012.pdf
The TRIP supports foreign production companies whose projects are completely or partly made in France. To be eligible, projects must include cultural elements related to French and European culture, heritage or territory. Eligibility is based on a Cultural Test, which assesses the relativity of the story, locations, characters, sources, landmarks, creators, crew and technical hubs. For VFX-intensive and animated films, there is a dedicated Cultural Test acknowledging the singularities of the genre.
The TRIP is selectively granted by the CNC and Film France to the line producer of the work in France. The amount represents 20% of the eligible film expenses incurred in France, and soon will be capped at €4 million per project (USD $5.2 milllion as of March 2013).
http://www.filmfrance.net/v2/gb/home.cfm?choixmenu=taxcredit
Canadian/Québec Tax Credit
Québec offers some of the most advantageous tax rebates available in North America: 25 % cash-back on all expenses, 20 % bonus on all CGI and Green screen shots applicable on extended eligible labor, with no minimum spend nor caps. Plus, at the federal level, you get an additional tax incentive of 16%, net of any assistance, of eligible labour expenditures within Canada (CISP).
http://www.qftc.ca/tax-incentives/information
Belgium Tax Shelter System
The Belgian Tax Shelter is a government-approved tax incentive designed to encourage the production of films and one of the very few audiovisual systems that applies to the whole of Belgium rather than to a particular language community.
Belgium-based investors who invest in Belgian films are given a 150% tax break. Their investment is structured as a 40% loan and a 60% risk investment. Producers can raise around 25% of their overall budget through the system.
A company providing financial backing for a film can benefit from exemption of any retained taxable profits worth up to 150% of the sums actually paid. The upper limit on investment is 50% of a company's retained profits, up to a limit of $695,000 (€500,000). A producer can attract several different investors to a project as long as the overall amount of the tax shelter money is not more than 50% of the production budget. Production and operating costs in Belgium must amount to at least 150% of the equity part of the investment (not the loan part).
http://www.screenflanders.be/uploads/files/downloads/19LR_TaxShelter_2012.pdf
