The Hollywood Reporter: “Georgia to Launch Film Tax Rebate”

When it comes to attracting foreign film crews, Georgia is ahead of other ex-Soviet republics, writes The Hollywood Reporter.

In this sense the country of Georgia is preparing to launch a tax rebate scheme next year in a bid to attract Hollywood and other foreign film crews.

The Georgian National Film Centre (GNFC) is introducing a 20 percent rebate on qualifying expenses and an additional two-percent for Georgian elements in projects.

"The minimum spend will be around $300,000 or a little bit less," David Vashadze of GNFC told The Hollywood Reporter.

We think that Georgia could be an attractive location destination for Hollywood productions because of its diverse architecture, a mixture of European Asian and Soviet style," he said. "[Also,] there are different climate zones in a small territory, within one day they could shoot snow mountains, desert and seaside."

The country has already been attracting foreign projects, including a British feature and a TV series pilot, scheduled to shoot later this year, but the tax rebate scheme is set to attract a larger number of foreign productions, said The Hollywood Reporter.

Read the full story here: www.hollywoodreporter.com