New Film & TV Tax Credit Plans Submitted To Italian Culture Ministry After Months Of Uncertainty
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deadline.comPlans for a number of revisions to the Italian film and TV tax credit have been submitted to the culture ministry after months of uncertainty.
Nicola Borrelli, the General Director of Cinema and Audiovisual at the Italian Ministry of Culture, revealed the news at the AVPSummit this morning in south Italy.
Borrelli said the submission still includes a 40% tax credit for some Italian movies and TV series, but for projects to qualify there will be more stringent rules around eligibility.
These rules will include updates around crew incentives, which could require that an Italian writer or director needs to be attached, while there will be a “minimum limit of expense on the Italian territory,” he said.
Read more on deadline.com
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