Why We Need a Federal Film Tax Credit

International tax incentives are the single biggest threat to the U.S. film and television industry. As other countries aggressively attract productions with generous financial incentives, U.S.-based projects are increasingly moving abroad. Without a competitive federal credit, our industry is at risk of losing more jobs, more economic activity, and more creative capital to international markets.

The Global Playing Field

Countries around the world are offering substantial tax credits, rebates, and financial support to bring film and television production to their shores. These include:

• Canada – Up to 35% in combined federal and provincial credits

• United Kingdom – 25% rebate on qualifying expenditures

• France – Up to 30% credit, with enhanced incentives for VFX

• Australia & New Zealand – Up to 40% incentives on qualifying spend

• Ireland, Hungary, South Africa, and more – All offering highly competitive packages

These programs are not only attracting major U.S. productions but are also encouraging the relocation of entire pipelines and crews overseas. It’s not just about savings — it’s about survival in a competitive global market.

How a U.S. Federal Credit Levels the Field

While many U.S. states offer their own incentives, the absence of a federal tax credit puts us at a disadvantage on the global stage. A federal program would:

• Provide a baseline incentive across the country

• Encourage productions to stay in the U.S., regardless of state

• Create thousands of jobs across all departments and sectors

• Reinforce the U.S. as a global leader in entertainment production

• Support small businesses and local economies connected to the industry

What CAP is Doing

CAP is committed to championing a federal tax credit to keep film and TV production thriving in the U.S. Our work includes:

• Policy development and advocacy

• Industry coalition-building

• Public education and storytelling

• Legislative outreach

With your support, we can ensure the U.S. remains a cornerstone of global content creation — not just in spirit, but in production.