Wanted! In Search of Runaway Productions — Film Tax Incentives in Europe
Wanted! In Search of Runaway Productions — Film Tax Incentives in Europe

Summary/Abstract: The film industry is an extremely mobile sector; the choice of location for film productions is based on business decisions strongly influenced by incentives available in many countries worldwide. The last decade has seen growing competition to attract big-budget - mainly American - productions in order to benefit from the investment and work opportunities they represent. The main tools of this 'arms race' are different forms of local tax incentives for the film industry: tax deductions, tax credits and combined tax incentives. This article aims to map the context of these incentives, presenting the various forms of tax benefits available in EU Member States. It gives an insight to the criticisms and concerns voiced regarding the efficiency of competing incentives, and provides an overview of the European Commission’s initiative to set limits to the competition.

• Details
• Contents