Home       What's New?       Corporate       Business       Published Information       Ministers       Related Websites

Exposure Draft - Film Tax Offset


Friday, 9 July 2010

Content ID:



On 9 July 2010, the Assistant Treasurer and the Minister for Environment Protection, Heritage and the Arts released exposure draft legislation for the measure to change two eligibility criteria for accessing film tax offsets.

The draft legislation:

  • reduces the minimum qualifying expenditure threshold for the post, digital and visual effects (PDV) offset from $5 million to $500,000; and
  • removes the requirement for films with qualifying expenditure of between $15 million and $50 million to have at least 70 per cent of the film’s total production expenditure as qualifying Australian expenditure in order to qualify for the location offset.

These changes were first announced on 11 May 2010.

Making a submission

Interested parties are invited to comment on the exposure draft material. While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.

All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment. Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.

Closing date for submissions: Tuesday, 27 July 2010

Address written submissions to:
The General Manager
Business Tax Division
The Treasury
Langton Crescent

Fax: (02) 6263 4466

Email: filmtaxoffsets@treasury.gov.au

For enquiries please call Richard Maher on (02) 6263 3361.

Documents Available:

Acrobat (PDF) documents

 Acrobat (PDF)

Exposure Draft  21.19kb
Explanatory Material  47.01kb

Microsoft Word (RTF) documents

 Microsoft Word (RTF)

Exposure Draft  85.79kb
Explanatory Material  198.44kb

Related Items:

Submissions: Exposure Draft - Film Tax Offsets - 25/11/2010

Treasury received two submissions in response to its exposure draft on the film tax offsets. One of these is a public submission and one is confidential. The public submission is listed below and is accessible by selecting the author.

The opinions expressed in the submissions are those of the authors and do not necessarily reflect the views of the Government or the Treasury.

Treasury Portfolio Ministers - Link to website MoreSuper  - Link to website Carbon Price Modelling - Link to Website Clean Energy Future  - Link to website Review of compensation arrangements for consumers of financial services - Consultation Paper  - Link to website