Global Trade Alert
Global Trade Alert

Italy: Tax credit schemes to support the production of Italian cinematographic and audiovisual works

Announcement

25 Nov 2020

In November 2020, the European Commission approved a EUR 350 million (approx. USD 416.8 million) tax credit scheme to support the Italian production of cinematographic and audio-visual works, especially affected by the COVID-19 pandemic.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Nov 2020

Revocation date:

22 Apr 2021

Updated: 25 Nov 2020
Tax or social insurance relief
<p>On 25 November 2020, the European Commission approved an extended aid scheme to support the Italian production of cinematographic and audiovisual works, which have been affected by the COVID-...
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