Netherlands’ Film Production Incentive boosts local industry, shows research

Financial contributions worth $55m were made to 256 productions from July 2014 to December 2017.New research published in the Netherlands this week has revealed the transformative effect the government’s Film Production Incentive has had on the local industry.

The research covers the period from July 2014, when the incentive was introduced, to December 2017.In this period, financial contributions worth $55m were made to 256 productions through the incentive, resulting in a Dutch film industry spend in excess of $253.3m million.

For each euro granted through the incentive, an average of €4.60 was spent on production expenditure in the Netherlands.The Netherlands Film Production Incentive is a cash rebate scheme.

Read full article