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Finance Plans Archives - Page 3 of 5 - Film Closings

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Chicago
Tuesday, December 7, 2021

New Tax Bill Extends Section 181 Federal Film Tax Credit

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The new tax bill that President Obama recently signed into law will extend the Section 181 film tax credit to the end of 2011. In addition, it can be applied retroactively to all qualifying films produced in 2011 AND 2010!

Note: Oscars Don’t Finance Films

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Why are Kathryn Bigelow & Mark Boal, the Oscar wining director & writer of The Hurt Locker, having to leak their pitch to the press to drum up financial support?

Update: Cable Industry Launches Its Own Netflix

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Time Warner Cable, Comcast, and Cox have banded together to launch Vutopia, a subscription VOD service that is being touted as a response to Netflix.

25 Million in Fraudulent Tax Credits

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The Iowa Attorney General is reviewing the official audit of the film tax credit fraud cases, which identifies 22 films that raked in over $25,000,000 in illegal credits.

Indie Producers Don’t Understand Tax Credits

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Indie producers are on a relentless quest to find the elusive "final 20%" of their budgets. They've raised the equity, made the presales, maxed the gap, and still they come up 20% short. Even with a whopping 40% cash rebate! So why then are they still stumbling around trying to fill that final 20% of their budgets?! Because producers can't get out of their own way.

2010 Toronto Film Festival: Part 2

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The Toronto Dutch Auction has picked up some steam, but it's going to take at least another AFM to clear out the supergap glut...

2010 Toronto Film Festival: Part 1

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I'm heading to the Toronto International Film Festival, which kicks-off this week and marks the one-year anniversary of the credit crunch and market collapse that left the streets of last year's festival strewn with the bodies of dead deals.

Director Matthew Vaughn’s UK Film Fund

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Director Matthew Vaughn proposed an interesting spin on UK tax credits that puts a fresh (slightly French) spin on the UK's tax credit programme. I think he is mostly correct and the US states should take heed.

Film Tax Incentives – Another One Bites the Dust

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The demise of New Jersey's film tax credit program may be an indicator of what's to come in states like Michigan, Pennsylvania and others. Producer beware, there's more risk than you may think...

Czech Republic now has 20% Film Incentive

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The Czech Republic now has a 20% production incentive for films that spend more than CZK15mm (apx. USD $700,000) in the country.