Entertainment
Israel Introduces Film, TV Tax Rebate Worth $13 Million

Israel Introduces Film, TV Tax Rebate Worth $13 Million

The Israeli government has introduced a new film and TV tax rebate said to be worth around 45 million shekels ($13 million) over two years. The rebate, which was introduced via a government directive, is worth around 23 million shekels ($6.7 million) in the first year, and 22 million ($6.4 million) the second year. After two years it will need to be reviewed and renewed. It is valid for films or series (including documentary projects) with an investment between 500,000 shekels ($145,000) and 16,600,000 ($4.8 million). Applications must be made through an Israeli production company and applications will be considered… Read Full Article