Lise Pedersen New and boosted tax breaks, plus state-of-the-art facilities and a lean, skilled crew base are drawing a growing number of productions to Scandinavia, a region whose content continues to be in high demand both locally and globally.
Denmark remains the exception and does not offer tax incentives or rebates for film and TV production. In addition, its production studios have been hard hit by a war over rights between talent and streamers that brought TV production to a virtual standstill in 2022.
Iceland, on the other hand, which upped its tax incentive from 25% to 35% last year, has seen its film industry grow by a whopping 85% over five years.
An added benefit for productions is a 25% incentive for music recording, which includes studio costs, travel and lodging. The first recipient of the enhanced tax break, “True Detective: Night Country,” Season 4 of HBO’s series, was entirely shot on location.
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