The land of iconic locations such as Versailles and the Eiffel Tower … the country of Bond-pic car chases along the winding roads of the Riviera … and home of Cannes, the granddaddy of all film festivals, just raised its tax rebate from 20% to a hefty 30%, effective Jan. 1, creating a buzz in the international production community, and luring a growing number of film and TV projects to the land of brie, baguettes — and romance.
|30%||Tax rebate for international productions wholly or partly made in France by a non-French company|
|$1.13m||Minimum spend, or:|
|50%||Amount of total budget that must be spent in France|
|34m||Maximum available per project (up from previous $22.7 million)|
Information courtesy of EP Financial Solutions, a production incentive consulting and financial services company.