28-09-2015

Estonia to Launch Cash Rebate Scheme

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    TALINN: Estonia will launch a cash rebate fund for incoming productions in 2016. The government has just earmarked 0.5 m EUR for a pilot year, which will be increased to 1 m EUR by 2017 if the set targets are met.

    Funding will be automatic and up to 30% of local spend.

    The details of the system are still being worked out and the first draft regulations are open for discussion until 19 October 2015. The fund will be managed by the Estonian Film Institute.