New Tax Incentive approved

The Romanian government approved the new state aid scheme for film and television productions:

– 35% CASH REBATE of the Romanian spent and an additional 10% for explicitly promoting Romania
– 50% rebate on the withholding tax for all foreign cast and crew part of the local budget
The scheme is open to feature films, medium and short fiction films, TV series, direct-to-video, internet and any other support films, documentaries and animated films.

 

http://taxsummaries.pwc.com/ID/Romania-Corporate-Withholding-taxes

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