Hi everyone,
I'm new here. I just study about film financing for the first quarter. Got confused about gap and super gap financing.
First, I'm curious when super gap would be a part of the film project?
Second, state tax incentives could be a part of our cash production budget?
Let's say if I have to come up with $5,000,000 , I have to minus 8% of deferment. Next I have foreign pre-sales contract then state tax incentives. Could state tax incentives be counted as my budget in cash? because they must be refunded after a certain time.
I'm not sure if my questions are clear enough. It would be appreciated for all of your replies.
Thanks
I'm new here. I just study about film financing for the first quarter. Got confused about gap and super gap financing.
First, I'm curious when super gap would be a part of the film project?
Second, state tax incentives could be a part of our cash production budget?
Let's say if I have to come up with $5,000,000 , I have to minus 8% of deferment. Next I have foreign pre-sales contract then state tax incentives. Could state tax incentives be counted as my budget in cash? because they must be refunded after a certain time.
I'm not sure if my questions are clear enough. It would be appreciated for all of your replies.
Thanks