ITALIAN TAX CREDIT
application process
Foreign Producer
Italian Executive Producer
Inquiry to ministry of culture
First Session: February 1 / May 15
Second Session: June 16 - September 15
Third Session: October 15 - December 30
Our Executive Production Services Team provides five-star assistance while arranging for all the tax benefits and VAT exemptions available for international productions shooting in Italy. With this updated tax incentive, Italy has become one of the best locations for shooting any production, whether for theatrical release, Tv or the web.
Image Hunters can shepherd any foreign producer through the process of obtaining the maximum, from the start of preparation onwards.
. TAX CREDIT ADMINISTRATION
. BUDGETING
. STAFF RECRUITMENT
. LOCATION SCOUNTING
. PRODUCT PLACEMENT and SPONSORSHIP
. CASTING
. TRANSPORTATION
. ACCOMODATION
. EQUIPMENT
These productions may receive a 40% savings on the production costs paid through a local Executive Producer. There is NO CAP per project but a maximum credit of 20 milion euro available for each production service company involved. This incentive is a DISCOUNT ON MONTHLY TAXES granted to the Italian producer that will be payng all the Italian bills of the production.
The credit is based on the production expenses incurred in Italy which do not exceedd 75% of the overall film production budget. Expenses incurred in another EU member country can also be tread as expeses incurred in Italy up to a maximum of 1/6 of the 75% of the overall budget, provided that they are processed by the Italian service company. The incentive can be ADDED TO REGIONAL FILM FUNDS that work on similar criteria.
First Session: February 1 / May 15
Second Session: June 16 - September 15
Third Session: October 15 - December 30