The Czech Republic has announced changes to its production incentives for film and television production. Effective January 1, 2025 the refundable tax credit will increase to 25% from 20%.
Additionally documentary features will be eligible in 2025 and doc series in 2026.
More details, links to articles, and additional Country and State film tax credits and incentives updates can be found at:
www.filmbudget.com/film-tax-credits-and-film-tax-incentives-explained/
5 people like this
Everywhere, Jack Binder. Every day we're contacted by another international commission either launching or expanding their tax credits. Everyone is anticipating a massive uptick in filming and the competition for the business is fierce. Great news for all producers, financiers, and filmmakers.
5 people like this
Absolutely Richard "RB" Botto. It's been a painful correction for the industry yet as they release the dragons production will explode to fill the pipelines.
4 people like this
This is great news and news that we are seeing all over the place. I was in London last week at Focus representing Stage 32 Certification and the international production industry is at the beginning of a boom. Countries want to capture international co-pro market share and aggressivly grow their own industries to expert their stories. It's going to be a big, fun and active next chapter!
3 people like this
Bravo Sam! Great to hear news from the front!
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Agreed, Sam Sokolow. News breaking every day on this front.
3 people like this
Great to see people, orgs, and countries working to bring about more creativity.
1 person likes this
Agreed, Pamela Jaye Smith