Tax Credits for Videogame Production Companies — Law n° 220/2016 (art. 15)

Description

Tax credits for videogame production companies allow companies to offset tax liabilities (IRES – corporate income tax, IRPEF – income tax, IRAP – regional income tax, VAT, social security and insurance contributions) with credits accrued following an investment in film and audiovisual development and production.

Contacts

Carla Felli
Phone: 06 6723 3329
Email: carla.felli@cultura.gov.it

Link to the call Print Tab

Data sheet

Production

Italian videogame

Film industry branch

Production

Beneficiaries

Italian production company
(Italian videogame production companies)

Maximum contribution

€ 1 million for each company

Type of contribution

Tax credit

Tax credit rate

25%

Requirements

Minimum paid-up share capital: €10,000
Minimum net assets: €10,000

ATECO code 62 or 58.2
Legal headquarters in the European Economic Area
Taxable in Italy
Excluded: individuals, Non-profit foundations and cultural associations
The project must be recognised as being of Italian nationality
The project must be recognised as having cultural value
An amount, equal (or more) to the tax credit requested, must be spent in the Economic European Area

Payment schedule

PRELIMINARY REQUEST: within the terms of the sessions established by the DGCA.

DEFINITIVE REQUEST: within 180 days from the date of first sale.