{"id":7000,"date":"2016-09-05T08:29:59","date_gmt":"2016-09-05T12:29:59","guid":{"rendered":"http:\/\/worldscreen.com\/tveurope\/worldscreen.com\/"},"modified":"2016-09-05T12:08:37","modified_gmt":"2016-09-05T16:08:37","slug":"finnish-government-pushes-for-new-cash-rebate-incentive","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tveurope\/2016\/09\/05\/finnish-government-pushes-for-new-cash-rebate-incentive\/","title":{"rendered":"Finnish Government Pushes for New Cash-Rebate Incentive"},"content":{"rendered":"

HELSINKI: The Finnish government has proposed a new production-incentive model that would offer a 25 percent cash rebate for film and TV starting as early as 2017.<\/p>\n

The decision was announced after the annual workshop between government members, in which the state budget is balanced. After this, the state budget will receive its final approval from the parliament (generally, the decisions taken in the workshop hold the parliament stamp).<\/p>\n

The cash rebate of 25 percent would be applicable for the money spent on local goods, services and salaries in conjunction with production work carried out in Finland. Applicable productions include feature films, fiction series, documentary films and animations.<\/p>\n

The more detailed criteria will be established once the final decisions are made. The incentive program is planned to take effect\u00a0in early 2017.<\/p>\n

\u201cThe adoption of the incentive makes Finland a highly competitive candidate for shooting major international productions,\u201d said Olli Rehn, Finland’s\u00a0minister of economic affairs. \u201cOur beautiful and versatile landscape together with good infrastructure and skilled workforce is a combination that few others can match.\u201d<\/p>\n

\u201cThis is a very wise decision by the government,\u201d added\u00a0Johanna Karppinen, CEO of Audiovisual Finland who has spearheaded the national lobbying efforts for the rebate. \u201cI firmly believe that the incentive will work as an overall booster for many sectors, not only that of the local audiovisual industry. Clearly this is a very satisfying moment, to see that the government looks at film and TV when searching for new sources of international monetary flow and growth, thus recognizing its potential.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

HELSINKI: The Finnish government has proposed a new production-incentive model that would offer a 25 percent cash rebate for film and TV starting as early as 2017.<\/p>\n","protected":false},"author":350,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[801],"class_list":["post-7000","post","type-post","status-publish","format-standard","","category-top-stories","tag-production-incentives"],"yoast_head":"\nFinnish Government Pushes for New Cash-Rebate Incentive - TVEUROPE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/worldscreen.com\/tveurope\/2016\/09\/05\/finnish-government-pushes-for-new-cash-rebate-incentive\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finnish Government Pushes for New Cash-Rebate Incentive - 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