Film In Iceland Claimed

25% Rebate
Local Production Company Required

Qualified Spend/Bonus
Payments pertaining to employees and contractors are only to be included in production costs if they are verifiably taxable in Iceland.

Annual Cap: None
Sunset Date: December 31, 2021
Screen Credit: No
CPA Audit: No
Cultural Test: Yes

When more than 80% of the total production cost of a motion picture or television program is incurred in Iceland, the reimbursement is calculated on the basis of the total production cost incurred within the European Economic Area.