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TAX INCENTIVES FOR THE FILM BUSINESS - LEGGE FINANZIARIA 2008 - LAW 244 OF 12/24/2007

The national companies for executive production (“Production Services”) and post-production are granted a tax credit for the tax year following that in course at 31 December 2007 and for the two tax years following, regarding films or parts of films shot on national territory, utilizing Italian labour, commissioned by foreign producers. Said tax credit amounts to 25 per cent of the production cost of an individual work but in any case with a maximum limit per film of Euro 5.000.000

Click on the link below for the full text of the law

Link: http://ape-italy.com/interno.asp?lang=eng&id_dettaglio=&id=18&sezione=RISORSE