Movies

Major sops to encourage foreign filmmakers shoot in Israel

MUMBAI: The legislative wing of the Government of Israel has approved a law that would encourage production of foreign films in Israel through a tax benefit of up to 20 per cent on goods and services purchased within the country.
However, the benefits by the law accrue to an Israeli production company which is expected to pass on these benefits to the foreign production company.

Passed by the Israeli Knesset, the law recognises two models.


The first model deals with productions by foreign filmmakers in Israel that retain the services of an Israeli production company. In this, an Israeli film production company that purchases Israeli goods and services on behalf of a foreign production company can withhold tax payments of 17 per cent. However, this benefit pertains to films in which the local production costs exceed $2 million.


The other model is for films with Israeli co-producers and co-financiers who own certain rights in the film. In order to qualify for the benefits, the total production cost in Israel should be at least 4 million shekels (approximately $1.0 million).


Terming the formulation of the law as a positive move towards better international relations, Israel consul general Orna Sagiv says, "Israel offers film producers a cost-effective professional filming package along with a vast variety of beautiful locations. Availability of 5 star hotels and an advanced telecommunications network clubbed with the 20 per cent reduction in cost makes Israel one of the most sought-after places for filming."


The new law positions Israel in line with most advanced countries in the world. The tax benefits complement Israel‘s competitive advantages of favourable climate, varied sceneries within short driving distances, experienced crews, first-rate infrastructure and more.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/23/rustom%20%281%29.jpg?itok=-L1EzTQU
R-Day Rustom premiere on &pictures at 8pm

In the late 1950s, India was looking for an answer that only Rustom Pavri had! Did he shoot Vikram Makhija, his wife’s lover? If yes, what made him surrender himself? If no, then who did? The State of Maharashtra was in a legal battle with Naval Officer Rustom Pavri- a case fueled by love and agony...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/23/dangal%20%281%29.jpg?itok=6V0ux8Kl
Dangal benchmarked; new big race on cards

It has been tough going for the exhibition trade for the last couple of weeks as there has been nothing to feed the screens. Thankfully, Dangal sustained the trade for three weeks and still, in its fourth week and fifth weekend, has been drawing better footfalls than the new releases could do.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/20/coffie-with-d%20%281%29.jpg?itok=jKgzDLTC
Coffee With D....Funny man fails to garner TRPs!

Making films on fugitives and terrorists from across the border has been attempted a few times but such films have never been able to convince the moviegoer because this is some fiction that seems totally implausible.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/19/newton%20%281%29.jpg?itok=0uLaSCf2
Rajkummar Rao's Newton to make world premiere at Berlin Festival

The New Year is beginning on a high note for Drishyam Films, the makers of much loved films such as Masaan, Dhanak and Waiting. Their latest film Amit V Masurkar’s Newton is all set to make its World Premiere at the Berlin International Film Festival, one of the world's most prestigious film...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/19/Rudrarup%20Datta-800x800.jpg?itok=cCB1M-48
xXx India blitz cost Viacom 18 over Rs 10 crore

MUMBAI: Have you wondered if a Hollywood movie could have its maiden release in India? It's rare and exceptional. What it takes to be that big? Is it a large-scale promotion or a marketing stunt? It's a not a stunt but the right marketing strategy that can make a film as big as a grand award...

Movies Hollywood
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/18/raees.jpg?itok=Zn11iydU
Bleeding Pak theatres may become 'Raees' again

MUMBAI: Four months after Pakistan stopped screening Hindi films in its cinemas responding to Bollywood's unofficial ban on Pakistani artistes following the Uri attack, Pakistan is again attempting to allow screening as theatre-owners are bleeding financially.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/16/dangal.jpg?itok=SVTwJuie
Weak films fall by Dangal-side

The exhibition sector felt some relief with a blockbuster in Dangal after a long gap to help them sustain the cinemas, the vacuum faces them again as the two new movies, OK Jaanu and Haraamkhor, failed to bring in even the initial audience or, for that matter, even the compulsive first day or first...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/14/OK-Jaanu.jpg?itok=77K9Fqst
OK Jaanu: ...Live-in romance replayed!

OK Jaanu is a contemporary love story which eventually settles about halfway between modern-day relationships traditions while conveying the eternal belief that love always triumphs. These kinds of films are made now and again but a love story is a love story and usually has its own appeal if...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/01/13/xxx-800x800.jpg?itok=ktebzkWf
Viacom18 starts NY with 'xXx: Return of Xander Cage' premiere

Starting the year on a promising note Viacom18 is proud to present xXx: Return of Xander Cage to the audience in India. After wowing viewers in Mexico and London as part of the global domination tour, megastar Vin Diesel visited India for the premiere along with his co-star, Bollywood beauty...

Movies Hollywood

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories