US EditionMexico offers up to 30% tax incentive for film, streaming productions
- This week Salma Hayek Pinault and President Claudia Sheinbaum Pardo announced a 30 percent tax incentive to boost Mexico's local film industry and attract large productions.
- Domestic officials say the incentive is meant to grow production infrastructure and strengthen Mexico's film sector while President Claudia Sheinbaum Pardo said it aims to meet the level of our people and defend cultural rights.
- Officials outlined minimum in‑country spending thresholds of 40 million pesos , 20 million pesos , and 5 million pesos , covering Mexican individuals and legal entities and foreign individuals and entities with a permanent establishment or operating through Mexican entities.
- The incentive makes Mexico more attractive for runaway productions, and the uncertainty has unsettled Hollywood and global production hubs, prompting calls for U.S. federal tax incentives.
- Amid international pressure, technical questions about tariffs and incentives remain as the Trump government threatens 100 percent tariffs on films produced outside the United States.
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By Gonzalo Jiménez, CNN en Español. At a launch event where she was accompanied by actress Salma Hayek and other celebrities, Mexican President Claudia Sheinbaum announced on Sunday a new tax incentive aimed at boosting the local film industry and attracting major productions to the country. The incentives include a new 30% tax credit on Income Tax (ISR) for projects filmed in Mexico, which seeks to make the country an attractive location for fi…
Producers, actors and directors held fiscal incentives announced by the Mexican government for film productions.
Salma Hayek Joins Mexican President Claudia Sheinbaum For Launch Of 30% Cinema Incentive
Salma Hayek Pinault joined Mexican President Claudia Sheinbaum on stage in Mexico City on Sunday to lend her weight to the launch of a new support plan for cinema in her native Mexico which includes a 30% income tax incentive. The Oscar-nominated actress, producer and director paid tribute to Mexican cinema and welcomed the new […]
Salma Hayek's father, an actress who met Claudia Sheinbaum, is a figure who has always been present in the career of the Mexican actress since she expressed her desire to devote herself to the performance, but who is she?The Lebanese genes of the producer of the series Como agua para chocolate are thanks to Sami, her father, who dedicated himself to business in both the oil industry and technological development, mainly for the field.The details…
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