Location Offset Allowance

Wednesday, 25 July 2012

The Financial Review has reported today, “Prime Minister Julia Gillard has given a strong indication that the government would reconsider the main tax break for foreign productions, the location tax offset.

Speaking on the set of The Wolverine, which is bankrolled by News Corp’s 20th Century Fox studio, Ms Gillard said the subsidy would be considered as part of a new national cultural policy to be released this year. “We are at risk of those skill sets being dispersed around the world and importantly not bringing the next generation through.” said the PM. To support the Alliance crew campaign to increase the offset sign the petition here or read the full article here.