Puerto Rico Production Capital opens up in PR to finance tax credits

In light of the very competitive Film Incentives Act (Act 27 of March 2011) adopted by the Puerto Rico Legislature last year, Production Advisory Services has partnered up with Film Production Capital LLC from Louisiana to offer film tax credit financing in the island. This means that by financing in Puerto Rico, producers can count the financing costs and interest towards the 40% tax credit (the tax credit financing expenses and interests count as expenses paid to Puerto Rico residents).

Nueva Oficina en la Isla para financiamiento de producciones filmicas