Tax credit

Description

Law n° 220 of 14 November 2016 'Disciplina del cinema e dell'audiovisivo' establishes the 'Film and Audiovisual Fund' aimed at funding works through tax credit, automatic contributions and selective contributions.

The law recognises six types of tax credits:

• Tax credits for production companies (article 15);
• Tax credits for distribution companies (article 16);
• Tax credits for film exhibitors, technical industries and post-production companies (article 17);
• Tax credits for strengthening the film supply (article 18);
• Tax credits for attracting investments in film and audiovisual products to Italy (article 19);
• Tax credits for companies that do not belong to the film and audiovisual sector (article 20).