Current ceilings are €18 million ($19.8 million) for the Canary Islands, €10 million ($11 million) for the rest of Spain.The call for a muscular rise in incentives was made at Spain’s Málaga Film Festival, as industry figures including Fernando Victoria de Lecea, line producer on Wes Anderson’s 2021 Spanish shoot “Asteroid City,” sketched a possible roadmap to take full advantage of the country’s extraordinary $1.8 billion Spain AVS Hub state funding which has begun to flow into events such as Málaga’s Spanish Screenings and the bullush promotion of Spanish series at Series Mania.
Other panelists took in Carlos Rosado, president of the Spain Film Commission, Roberto Sacristán, head of Alianza Industria Audiovisual (ALIA) and Rosa García, president of RedCau, a network grouping five of Spain’s biggest film-TV clusters.In contrast to so many Spanish industry panels at festivals down the decades, the panel’s mood was upbeat.
Rosado recalled how the Spain Film Commission aided in the creation of Spain’s first international shoot tax rebate on local spend, instituted in 2015, As first-phase COVID-19 still raged, at the instance of Rosado and former U.S.
Ambassador to Spain James Costos, Spain’s socialist government powered up international shoot tax breaks an original €3 million ($3.3 million) per title to €10 million on the Spanish peninsular.
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