THE INCENTIVES PROGRAM - TIP

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January 7, 2025

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ENACTED LEGISLATION

Signed by the Governor

Louisiana

On December 4, 2024, Governor Jeff Landry signed House Bill 10 into law. The bill reduces the maximum tax imposed on individuals from 4.25% to 3%, effective January 1, 2025. Consequently, the withholding rate on payments made to all loan out companies will also decrease to 3%.

IN THE NEWS

Abu Dhabi Film Commission Raises Its New Rebate to Up to 50% of Qualified Production Spend (December 29, 2024)

Action! B.C. sets the scene to attract more film, TV productions (December 12, 2024)

Christmas Comes Early For Kerry Washington, Elisabeth Moss, Vince Vaughn & Keke Palmer With $109M In Gift-Wrapped California Tax Incentives (December 18, 2024)

Czech Republic Confirms “Dramatic Boost” To Country’s Production Incentive Program: “To Be Honest, We Couldn’t Wait Any Longer” (December 11, 2024)

The new German Film Law will come into effect on 1 January (December 23, 2024)

Nova Scotia adds $38M to bolster local film industry (December 20, 2024)

IN THIS ISSUE

Enacted Legislation

Louisiana

In The News

Abu Dhabi

British Columbia

California

Czech Republic

Germany

Nova Scotia

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