Anna Marie de la Fuente Already offering some of the most robust, and popular, cash rebates for foreign movie shoots, Colombia has just upped its game, expanding the incentives to take in series and music videos and introducing tax breaks for international shoots.Colombia’s government has also confirmed that its cash rebates, issued by the Colombian Film Fund (FFC), will run until 2032.The new tax break scheme, based around a Certificado de Inversion Audiovisual (CINA), is a transferable tax credit that can be purchased by international producers shooting in Colombia.The producers can then sell the credits on to tax-paying individuals or companies in Colombia that are eligible to deduct 35% of income tax due via investment in the.
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