VFX Tax Rebate Keeps Hollywood Productions in France

Recognizing that international productions would often shoot a handful of sequences in France before moving post-production responsibilities abroad, the French government passed a series of reforms to the country’s tax rebate scheme in early 2020 meant to spur on and encourage foreign investment. Since April 2020, France’s Tax Rebate for International Production (TRIP) scheme now offers a 40% rebate on all eligible expenses – including for live action spends that are not VFX related – for international projects whose VFX expenses surpass €2 million ($2.27 million) spent on local soil. The recent addition marks a 10% increase on the longstanding… Read Full Article