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

Announced: 25 Nov 2020
Tax or social insurance relief
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-19 outbre...
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