TaxCorporate TaxKiwi tax incentives snare blockbuster from Scotland

Kiwi tax incentives snare blockbuster from Scotland

Loch Ness film to be made in New Zealand

A quintessential Scottish film about the legendary Loch Ness monster will be
filmed in New Zealand rather than Scotland after film makers were lured by
favourable tax incentives.

NZ has already been used as a location for blockbusters like King Kong, Lord
of the Rings and The Chronicles of Narnia.

The loss was described as ‘a blow’ by Scottish Screen’s Celia Stevenson.

She was reported in The Daily Express as saying: ‘To lose
any film like this is a blow. It will be a wonderful film because it is a
terrific story.’

Meanwhile in a related story, Ireland is set to see major Hollywood films
coming to its shores as a result of new tax breaks. One studio boss said the new
laws would lure major US studios, The Daily Mirror reported.

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