Tax Credit - AUSTRALIA, VICTORIA

http://film.vic.gov.au/www/html/35-incentives.asp
The Australian Government provides tax incentives for film and television in Australia through the Australian Screen Production Incentive scheme. The incentives are available in three mutually exclusive strands.

1. Location Offset
The Location Offset provides a 15% rebate on qualifying expenditure to large budget film and television productions which film in Australia. The Location Offset is available to productions with a minimum qualifying Australian expenditure of AU$15 million. Australian spends between AU$15 million and AU$50 million must represent 70% of the production's total budget.

2. Post/Digital/VFX Offset
The Post Production, Digital and Visual Effects Offset provides a 15% rebate to projects that spend at least AU$5 million on post, digital and VFX works in Australia regardless of whether the production was shot in Australia.

3. Producer Offset
The Producer Offset is available for producers of Australian film and television projects and is available to feature films at 40% of qualifying expenditure and to programs other than feature films (TV series, mini-series or telemovies, short-form animations, non-feature documentary or direct-to-DVD or web-distributed programming) at 20% of qualifying expenditure as set out in the legislation and guidelines.

Projects must be deemed to have Significant Australian Content (SAC) in order to be eligible for this incentive. Screen Australia, formerly the Film Finance Corporation Australia, determines eligibility for SAC.
Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget!