A new system of tax relief has come into force in Portugal, intended for film productions with budgets of one million euros or more.
Domestic productions, official co-productions and foreign productions (foreign executive productions) can all take advantage of this tax-rebate. Depending on the size of the production, the rebate will be between 20% and 25%,.
Until now, Portugal has been one of the few countries not offering a tax refund. The aim is to promote Portugal by increasing the number of international films made in the country.
Source: Cineuropa
