By Tom Grater International Film Reporter The Spanish government has approved an enhancement of its tax incentive for international productions.
The cap for qualifying spend will be lifted to €10M ($10.8M) for a single feature, up from the previous limit of €3M ($3.2M).
The amount of possible rebate has also been raised to 30% on the first €1M, up from 25%, and then is set at 25% thereafter (up from 20%).
Also, the amount of spend needed to be eligible for post-production and pre-production support has been lowered to €200,000 ($216,000).
Read more on deadline.com
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