Thailand‘s government is set to increase the cash rebate for foreign shoots from 20% to 30% after a meeting with senior Hollywood execs.
Plans to increase the rate have been in the works since early 2023, but progress has since slowed. However, Thai representatives talked up the plans at recent Asian confabs, and sources say they were the centerpiece of a networking reception for LA execs at the Beverly Wilshire Hotel hosted by Thai Prime Minster Paethongtarn Shinawatra.
According to a post on a Thai government website, in attendance at the Wiltshire were Motion Picture Association CEO and Chairman Charles Rivkin, Disney’s Cathleen Taff, HBO/Warner Bros Pictures’ Jay Roewe, Amazon MGM Studios’ Vernon Sanders, NBCUniversal’s Chris Miller, Netflix’s David Hyman, Sony Pictures Entertainment’s Jill Rather and Paramount Pictures’ Sharon Keyser.
The result looks likely to be a 30% rebate on foreign shoots in the country with no cap. Previously, Thailand offered a cash rebate of 15%, with a further 5% available based on a cultural test.
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