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France creates new tax rebate system for foreign films

After four years of strategic planning and lobbying, Film France has announced the creation of a new tax rebate system aimed at foreign films shooting in the country. Adopted by the French parliament, the measure will give qualifying foreign productions a 20% rebate on their local spend with a cap of $5.7m (Euros 4m.)Films will be eligible for the rebate providing they meet a list of criteria. Some of the criteria are yet-to-be determined, but Patrick Lamassoure, ...

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