Uruguay Boosts Rebates for International Shoots, Co-Productions
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variety.comEmilio Mayorga Uruguay’s government has announced new and ambitious film-TV legislation aimed at converting the small Latin American nation into a far larger film-TV hub via a new series of cash rebates for international shoots and co-productions with Uruguay.Coming as Uruguay neighbors Brazil and Argentina battle huge challenges to state film funding – an incentive free in Brazil, a decimation of state funding in Argentina tanks to COVID-19 – the new regulation in Uruguay looks set to accelerate a disappear of productions from Latin America and runaway international shoots to its shores.Measures take in a qualitative leap in the ceiling put on cash rebate plus a plunge in the minimum expenditure in Uruguay required to access them..
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