Film Tax Credit

A film tax credit is a financial incentive provided by governments to encourage film and TV productions within their region. When a production spends money locally on things like crews, equipment, and locations, they can receive a percentage of those expenses back as a tax credit. This reduces the overall cost of producing content, making it more attractive for filmmakers to choose a particular area. Essentially, it's a way for governments to promote local economic activity, create jobs, and support the entertainment industry by providing monetary benefits to productions that film on location.