Portugal’s Cash Rebate: How It Works
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variety.comMartin Dale ContributorCash Rebate of 25-30% on eligible local spend, as determined by a cultural test.Minimum eligible spend of €500,000 ($610,000) for fiction and animation and €250,000 ($305,000) for documentaries and post-production.Total €12 million ($14.6 million) for all projects in a year, with maximum of €4 million ($4.9 million) per project (Note: the management authority has the funds and legal autonomy to expand these limits in function of specific projects)Attributed on first-come, first-served basis.
Decision within working 20 days.Upfront payments paid in installments.Production expenditures incurred in Portugal, provided by persons or companies, qualify as eligible expenses if subject to tax liability in Portugal..
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