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Mexico launches 30% film tax incentive with domestic spending requirements.
Mexican President Claudia Sheinbaum launched a new 30% income tax incentive for film and audiovisual production in Mexico, offering up to 40 million pesos in tax credits per project.
The program, effective immediately, requires at least 70% domestic suppliers and minimum spending thresholds.
Actress Salma Hayek Pinault joined the event in Mexico City, praising the initiative for boosting domestic filmmaking and attracting international productions.
The incentive aims to strengthen Mexico’s creative economy and promote Mexican stories globally.
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México lanza un incentivo fiscal del 30% para las películas con requisitos de gasto doméstico.