Thursday, July 8, 2010

Tax Credit - Germany

EntertainmentPartners.com
Type of Incentive: Cash (financial aid) grant
Benefit (if eligibility requirements are met): 20% of qualifying local spend (up to 80% of the total production costs)
Compensation and Project Caps/Funding Per Year: €4,000,000 per film (€10,000,000 if local spend ≥
35% of budget or if ≥ 2/3 of cultural characteristics awarded; €60,000,000 per year)
Project Criteria: Minimum budgets for feature films = €1,000,000, animated films = €3,000,000,
documentaries = €200,000; ≥ 25% of budget must be local spend or 20% if budgeted > €20,000,000; if
€15,000,000 local spend, no percentage test; cultural test
Eligible Entities: German production company or establishment
Sunset/Review: December 31, 2012
Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget!

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