Portugal

Tax breaks around the world

Money available per film: From a direct-funding scheme, up to circa $650,000. From distribution aid, around $250,000 maximum. From an international co-production fund, around $100,000.

Contact: Instituto de Cinema Audiovisual e Multimedia (ICAM, Portuguese Film Institute); Pedro Berhan Da Costa, president, ICAM, Rua S. Pedro de Alcantara, 45, 1º, 1250 Lisbon, Portugal. (351) 21 323-0800.

Limitations: Only Portuguese companies can apply for ICAM aid. The ICAM currently faces a cash crisis. It is extremely rare for a film with a non-Portuguese helmer attached to snake direct funding. More interesting is distribution aid, where the ICAM will match minimum guarantees put up by a Portuguese distribber — with payment made to the local distribber. International co-production coin is usually channeled into niche co-productions with France, Spain, Brazil and Portuguese-speaking Africa.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Scene News from Variety

Loading