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Cinema and audiovisual tax credit 2021. All the news of the MIBAC call

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With the tax credit decree for film and audiovisual production companies 2021, Mibac adapts
the benefit to the Covid emergency, allowing for video clips and works disseminated on digital platforms.

The ministerial decree that will govern access to the measures for the current year is forthcoming
incentives for the film, audiovisual, television and web sectors, currently under consideration by the Court
of the Accounts. Once again, admission to the benefit will be allowed to companies having their registered office in
European economic area, subject to taxation in Italy and with a share capital and net assets
not less than forty thousand euros, as long as they comply with the social security and social security obligations
insurance and not established in the form of cultural associations and non-profit foundations, as well as in
possession of the Ateco J code 59.1.

The granting of the tax credit, provided for in varying degrees from 15 to 40 percent of the cost
total production of the audiovisual work for which it is requested, takes into account for the first time
also of audiovisual works intended for the public through a provider of linear audiovisual services
and on request. This prediction, which is added to the traditional ones regarding cinematographic works
properly so-called and the audiovisual ones destined for diffusion through television or the web, it has surrendered
indispensable to cope with the crisis in the cinema sector which coincided with the closures of the cinemas and
consequent impossibility of releasing new works through traditional channels, with the consequent
need to resort to a large extent to on-demand and streaming platforms to ensure that the new
works nevertheless reach the public.

Similarly, admission to the benefit is also envisaged for research and training works, provided that
meet the joint requirement of having been disseminated to the public both in reviews and competitions
international primary level through providers of linear audiovisual media services or a
request.

For the first time, video clips were included in the use of the tax credit, also as long as they were disseminated to
public through linear or on-demand audiovisual media service providers.
Another novelty, also needed by the epidemiological emergency, consists in having foreseen that the
expenses incurred during the construction of the work to deal with the health emergency give the right to
a tax credit equal to 100% of their amount, at least up to an amount of four hundred thousand euros
per work, while the applicable rates are applied to any surpluses over this amount
for other eligible costs referring to the production of the same work.

Lastly, in derogation from the criterion of the completion of the work as a necessary requirement for approval
definitive tax credit, it was ordered that the irreversible interruption of the work due to the emergency
epidemiological does not result in the forfeiture of credit recognition, even if within the limit
of the amount of eligible costs actually incurred and paid up to the moment of the forced interruption.

As in previous years, the request for tax credit presupposes the request of Italian nationality
provisional and possession of the cultural eligibility requirements. The application must be submitted
through the DGCinema portal, through the appropriate forms that the Ministry will prepare
within thirty days of the publication of the D.M. tax credit.

Once the annual limit of resources set forth in reference to each of the types of tax credit provided has been reached, access to the system will be deactivated, resulting in the impossibility of submitting subsequent applications.

For more information, for assistance and advice regarding the tax credit request, you can send an email to info@ralianconsultancy.com

MIBACT call audiovisual tax credit and selective contributions: categories, assigned, questions, subjects

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The Ministry of Cultural Heritage and Activities (MIBACT) has just published the tender for the granting of selective grants for writing, development and the pre-production, the production of cinematographic and audiovisual works for the year 2020.

The categories of works admitted to participate in the granting of this form of benefits for this year are:

to. the writing of original scripts or taken from other non-audiovisual works protected under the law on copyright, and from which it is possible to create cinematographic, television and web works;
b. the development and pre-production of cinematographic, television and web works;
c. the production of cinematographic, animation, documentary and short films.

The amounts made available to the Ministry for this type of intervention for 2020 amount to € 1,000,000 respectively for the works referred to in letter a); € 2,700,000 for the works referred to in letter b) and € 24,600,000 for those referred to in letter c).

Applications for the first of the three sessions scheduled for this year must be submitted from 15 to 31 July 2020 through the appropriate DGCOL platform.

Requests for contributions in order with the requested documentation will be evaluated by the experts in charge of evaluating the individual projects on the basis of the criteria and parameters provided in the tables attached to the call. The experts will also assign the relative scores, draw up the rankings for each line of intervention and indicate the extent of the assigned contribution.

The subjects who can apply for contributions are:

– for the writing of original scripts, with fictional or documentary narrative content, Italian citizens of legal age or of another country of the European Economic Area and fiscally resident in Italy, who are not owners, members, administrators or legal representatives of audiovisual production companies or audiovisual distribution or companies providing audiovisual media services;
– for the development and pre-production of cinematographic, television and web works, with fictional or documentary narrative content, Italian film and audiovisual companies, also in associated form, or operating within an international co-production relationship, partnership international or international production, as well as the networks of film and audiovisual companies, as long as they have their registered office in the European Economic Area and are subject to taxation in Italy as a result of their tax residence, or for the presence of a permanent establishment in Italy, to which it is attributable the audiovisual work to which the benefit is linked and qualifying as independent producers;
– for the production of cinematographic works and audiovisual works of animation, documentary and short film, the Italian cinematographic and audiovisual enterprises, also in associated form, or the Italian cinematographic and audiovisual enterprises in the context of an international co-production relationship, of sharing international or international production, as well as the networks of film and audiovisual companies having their registered office in the European Economic Area and subject to taxation in Italy due to their tax residence, or for the presence of a permanent organization in Italy, to which the work is attributable audiovisual to which the benefit is related, that they have creative processing rights on the script, the subject, the treatment or other artistic material aimed at the realization of the cinematographic or audiovisual work.

RALIAN, by its exprertise on tax credit and contributions in support of subjects operating in the culture sector, offers its advice to those who believe they have the requirements for obtaining this important benefit. With this in mind, our company can offer complete and continuous assistance, which begins with the verification – free of charge – of the existence of the requirements for the presentation of the single applications and which is then articulated, in the case of the existence of the requirements for the presentation. of the application, in the registration and management of the database of the DGCA portal, up to the presentation, in case of admission to the contribution, of the requests for advance and balance. Each phase will be preceded by an assignment of assignment, with the presentation of cost estimates to be borne clear and tailored according to the needs of the individual customer and, above all, anchored in their amount to the positive result of each individual phase of intervention.

For any question, please contact us at +39 348 19 40 700 or +39 338 65 40 088 or send us an e-mail to:

info@ralianconsultancy.com