Youngtiger NTR'S last outing Nannaku Prematho has raked in more than Rs 50 cr worldwide share and it turned as biggest grosser in NTR's career.Now it is coming out that the film makers have bagged eight more crores extra profit for the film. Its known that most of the film was shot in Europe. As per reports the amount was returned to producers from the country tourism boards in form of subsidies.
To attract tourist inflow in those countries most foreign countries offer tax sops for international filmmakers in the form of VAT refund. It will depend on the location and the amount of budget spent on the location. Now Nannaku Prematho has reportedly got nearly 8 crores refund from the tourist boards of UK and Spain where the film was majorly shot.
To attract tourist inflow in those countries most foreign countries offer tax sops for international filmmakers in the form of VAT refund. It will depend on the location and the amount of budget spent on the location. Now Nannaku Prematho has reportedly got nearly 8 crores refund from the tourist boards of UK and Spain where the film was majorly shot.