Czechs prepare to roll out film production incentives: press

The Czech Republic is preparing to offer tax incentives for the first time to domestic and foreign film companies according to the online pages of the business daily E15. A proposed new film law would allow companies to write off up to 20 percent of their spending in the country, it says. The move is needed to stop the drift of film production business and companies to the 11 EU countries already offering such incentives. One major local company film production mulling a move to Hungary is Stillking Films, the paper said.