What changes are being made to France's film tax incentive?

France is expanding its tax incentive to include below-the-line costs, such as non-European actors' salaries and hotel stays, with a rebate of 30% up to 40%.

Why is France reforming its tax incentive program?

The reform aims to sharpen France's competitive edge, regain competitiveness with neighboring countries, and attract more ambitious large-scale international film and TV shoots.

How has the French film and TV landscape evolved recently?

The arrival of streamers has reshaped the landscape, doubling annual production spending and leading to high-profile series that showcase French crews' excellence.

Home / Arts and Entertainment / France Boosts Film Tax Credit to Lure Hollywood Shoots

France Boosts Film Tax Credit to Lure Hollywood Shoots

8 Feb

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Summary

France expands tax rebate to include below-the-line costs.
Incentive now covers non-European actors' salaries and hotels.
Rebate aims to reclaim competitiveness and attract large projects.

France Boosts Film Tax Credit to Lure Hollywood Shoots

France is set to enhance its competitive edge in attracting international film and television productions with a significant reform to its tax incentive program. The updated rebate, pending European Commission approval, will now encompass below-the-line costs, including salaries for non-European actors and accommodation expenses. This strategic move, with a cap of €30 million ($35 million) per project, aims to regain France's standing as a premier shooting destination.

The reform includes a 30% tax rebate on eligible expenses, increasing to 40% for projects with over €2 million ($2.3 million) in French visual effects work. This expansion is crucial for addressing a recent decline in TRIP-approved productions, which dropped to 55 in 2024 from 100 in 2022. Industry leaders, including Netflix co-CEO Ted Sarandos and Paramount Skydance CEO David Ellison, played a key role in advocating for these changes to President Emmanuel Macron.