Canary Islands Reform Tax Break Funding, as Archipelago Looks for Further Growth in Its Film-TV Hub

In a move to consolidate its bullishly expanding audiovisual industry, Spain’s Canary Islands have just scrapped a prior €50 million ($ 53.5 million) cap on total annual tax incentives tapped by movies and series shooting in the archipelago. Announced April 30, the ground-breaking measure was applauded by local industry heavyweights who have been lobbying national and […]
Variety