Congress on Tax Credit regulation on cinema and TV productions – Rome – March 22, 2018

On March 22nd Andersen is organizing a huge conference concerning the new tax credit regulation on cinema and TV productions. The conference is sponsored by the Italian Ministry of Arts and Culture.

To date, we have already received confirmation from the most important movie and TV series producers (such as Sky Italia, Vidia, RAI Italian television, Telecom Italia, Fox). All the TV and filmmaker associations will attend the conference (ANICA, AGICI, ANEC, ANEM and UNIVIDEO).

The law provides tax credits for producers, distributors, movie theater owners, and technical industries. The law also provides for the sheltering of profits, not only for film production and distribution companies but also for companies not previously operating within the film sector.

The speakers will explain the so-called “external” cinema tax credit. It refers to the tax credit granted to investors not operating in the film/audiovisual industry who make contributions in cash via contracts of association in participation and profit-sharing contracts. This type of tax credit is now set at a maximum of 40%of the cash contribution. Prior to the new provision, the measure was set at a fixed rate of 40%.

It will be explained also the so-called “internal cinema tax credit”, that refers to the tax credit granted to the operators in the film/audiovisual industry. Tax benefits are addressed to production companies, distribution companies, movie theater companies and technical industries.

The regime aims at promoting investments in the cinema and audiovisual sector as well as strengthening such crucial industry in Italy. The cinema/audiovisual tax credit regime:
  • is permanent;
  • is addressed to all the business activities in the sector;
  • can be combined with other measures granted on the same movie pursuant to the
  • criteria which will be set forth by implementing decrees;
  • complies with EU State aid law;
  • confers entitlement to the tax credit which may offset tax payments on F24 form.


DATE AND TIME – March 22, 2018 – 2.30pm – 6.30pm

PLACE – Sala Capitolare presso il Chiostro del Convento di Santa Maria sopra Minerva – Piazza della Minerva, 38 – Roma