Wednesday, June 2, 2010

Tax Credit - BRAZIL- Rio de Janeiro

http://brazilfilmcommission.com/
The Rio Film Commission was created on September 23, 2009 and is headed by Steve Solot the former Latin American Senior vice President for the Motion Picture Association. As similar film commissions its main objective is to attract audiovisual productions to the State of Rio de Janeiro.

Among the plans which are being developed by Rio Film Commission is an incentive for foreign productions in the form of a non-returnable location production grant provided to eligible productions on the first day of production in the amount of 5% of the in-state production spends. In addition, the State of Rio offers an annual R$3 million credit in the form of an equity investment via the Rio Global Program, to one project per year, aimed at projects with commercial potential which promote Rio internationally.
Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget!

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