Will a U.S. Federal Tax Threaten Europe’s Production Boom? European Producers Don’t Think So: ‘The U.S. Is Falling Behind’

One of the hottest topics at this year’s Creative Investors’ Conference at the San Sebastián Film Festival is the likelihood and the effects of a U.S. federal tax credit for film production. Speaking at a panel titled “Europe’s Current Challenges and Opportunities,” Lorenzo de Maio of De Maio Entertainment said he doesn’t believe the measure […] European producers talk rise in U.S. private equity in Europe, refuse the idea of an American federal tax incentive as a 'threat' to European market. Leading producers also spoke about the growth in U.S. private equity entering the European market while on stage at the Creative Investors’ Conference at the San Sebastián Film Festival One of the hottest topics at this year’s Creative Investors’ Conference at the San Sebastián Film Festival is the likelihood and the effects of a U.S.

federal tax credit for film production. Speaking at a panel titled “Europe’s Current Challenges and Opportunities,” Lorenzo de Maio of De Maio Entertainment said he doesn’t believe the measure would be a threat to the booming European production market. “I’m Italian but live in Los Angeles, and [the tax credit] is one of the few things uniting Republicans and Democrats,” he said jokingly. “A