Israel tries to woo foreign filmmakers

[freedomannie]

Headline News
Monday, May 18, 2009 Israel Today Staff 


Israel tries to woo foreign filmmakers

A day before the opening of the Cannes Film Festival, Israel's Industry & Trade Ministry on Monday announced a special tax break for foreign filmmakers that produce their pictures in the Jewish state.

According to the deal, foreign film producers will be granted a 20 percent tax break if they film in Israel and collaborate with Israeli production companies.

The government is testing several different avenues to boost Israel's economy amid the current global economic downturn. With Israel's beautiful and diverse landscapes and its advanced hi-tech infrastructure, high-end film production could be a perfect fit. 
 
 

[freedomannie]

I think this is a creative idea...wish we could do things like this in America...better than taxing everyone poor!

[Rubystars]

I just hope the films made aren't anti-Israel films. That would be so ungrateful.

[muman613]

I just hope the films made aren't anti-Israel films. That would be so ungrateful.

I also hope that the films are not Hollywood bunk like has been churned out year after year... I would hate to see an Israeli counterpart for decadent Hollywood.