Spain Announces 15% Tax Break for International Shoots

Variety: Spain’s government has announced its intention to extend a 15% rebate on Spanish expenditure to international shoots lensing in the country.
That’s the good news. But, outlining new tax provisions, Spain’s ruling Popular Party has made very clear its intention to clamp down on tax-break systems that allowed Hollywood tentpoles – Warner Bros.’ “Wrath of the Titans,” Universal’s “Fast and Furious 6” – to set up camp in in the country and tap into local tax-break investment reportedly saving the studio $20 million in the case of “Furious 6.”