Increasingly over the past few years one of the most important items in the producer's toolbox has been an understanding of coproduction treaties and conventions.
The British Government has entered into co-production treaties with other countries in Europe and around the world with the purpose of encouraging a pooling of creative, artistic, technical and financial resources among producers of those countries.
Films produced under the terms of a co-production treaty qualify as national content in the country of each participating co-producer and thus make the production eligible for applicable tax benefits from each co-production territory. Co-production treaties fall into two categories:
1. Bilateral treaties where the UK has official co-production treaties;
2. Bilateral or multilateral structures under the European Convention.
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