Mexican Legislature Approves New Film Law with Tax Incentives
The Mexican Legislature has approved a new law that abolishes the Federal Cinematography Law, which has been in effect since 1992. The new law aims to promote film production by offering tax incentives, with a notable comment from a legislature member stating that 'cinema no longer exists solely in traditional theaters'.
Con la nueva ley se abroga la Ley Federal de Cinematografía la cual estuvo vigente desde 1992; “hoy el cine ya no vive únicamente en las salas tradicionales”, dijo la diputada de Alma Lidia de la Vega