The country’s government has said that it will push forward with the proposed incentive.
Finland could finally have a film incentive in place by early 2017, as the proposed 25% cash rebate incentive is now one step closer to reality.
During the annual government workshop (called ‘budjettiriihi’) to balance the state budget, the Finnish government said it would push forward the proposed 25% cash rebate incentive model.
Now, that workshop’s decisions need to be approved by Parliament to become law; the approval is widely expected to happen in the Parliamentary vote. The rebate could be in place in early 2017.
The cash rebate of 25% would apply to money spent on local goods, services and salaries in conjunction with production work carried out in Finland. Applicable productions include feature films, fiction series, documentary films and animations.
The incentive would be split from the budgets of the Ministry of Economic Affairs and Employment together with the Ministry of Education and Culture...
Finland could finally have a film incentive in place by early 2017, as the proposed 25% cash rebate incentive is now one step closer to reality.
During the annual government workshop (called ‘budjettiriihi’) to balance the state budget, the Finnish government said it would push forward the proposed 25% cash rebate incentive model.
Now, that workshop’s decisions need to be approved by Parliament to become law; the approval is widely expected to happen in the Parliamentary vote. The rebate could be in place in early 2017.
The cash rebate of 25% would apply to money spent on local goods, services and salaries in conjunction with production work carried out in Finland. Applicable productions include feature films, fiction series, documentary films and animations.
The incentive would be split from the budgets of the Ministry of Economic Affairs and Employment together with the Ministry of Education and Culture...
- 9/5/2016
- by wendy.mitchell@screendaily.com (Wendy Mitchell)
- ScreenDaily
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