The Film Academy of the Philippines and four other beneficiaries received the first tranche of their share of the amusement tax rebate during last year’s Metropolitan Manila Film Festival during the launching of the 41st Metro Filmfest at the newly inaugurated MMFF Cinema across the MMDA building on EDSA last Thursday, Feb. 26.
An appreciation dinner for last year’s filmfest was also held which featured the giving of cash awards to the 2014 filmfest winners.
The Academy received a check for P1 million which was the same amount it received last year.
The first tranche amounts for the years 2006 to 2013 were as follows: 2006 P800,000; 2007 P400,000; 2008 P400,000; 2009 P350,000; 2010 P600.000; 2011 P400,000; and 2012 P400,000.
The other beneficiaries were Mowelfund, Motion Picture Anti-Film Piracy Council, Inc., the Optical Media Board and the Film Development Council of the Philippines.
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