German tax credit approved by Europe

By 2006-12-28T18:00:00

It takes the form of non-recourse, non-repayable, non-recoupable rebates on part ofthe so-called 'German spends' for theatrical feature films with totalproduction costs of at least $1.3m (Euros 1m), documentaries with costs of at least $260,000 (Euros 200,000), and animation films costing at least $3.9m (Euros 3m.)

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