Global Trade Alert
Global Trade Alert

Spain: EC approves tax deduction scheme for cinematographic and audio-visual projects in Spain

Announcement

22 Dec 2020

In December 2020, the European Commission approved a Spanish state aid measure in the form of a tax deduction scheme for cinematographic and audio-visual productions valid until 2026.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 Dec 2020

Revocation date:

14 Aug 2023

Updated: 22 Dec 2020
Tax or social insurance relief

On 22 December 2020, the EU approved one EUR 300 million (approx. USD 365.6 million) Spanish state aid measure that establishes two tax deduction mechanisms for the production of cinematographic an...

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