Skip to main content
Form 100. Personal Income Tax Return 2019

9.8.2.2.3. For investments in film productions

  1. SPANISH PRODUCTIONS OF FEATURE FILMS AND AUDIOVISUAL SERIES.

    Investments in Spanish productions of feature-length films and audiovisual series of fiction, animation or documentaries, which allow the creation of a physical support prior to their serial industrial production, will entitle the producer to a deduction of 25 percent with respect to the first million euros of the deduction base, and 20 percent on the excess of said amount. The deduction cannot be greater than 3 million euros.

    The basis for the deduction will be the total cost of production, as well as the costs of obtaining copies and the advertising and promotion costs borne by the producer up to a limit of 40 percent of the cost of production for both.
    At least 50 percent of the deduction base must correspond to expenses incurred in Spanish territory.

  2. PRODUCERS REGISTERED IN THE REGISTRY OF FILM COMPANIES THAT ARE IN CHARGE OF THE EXECUTION OF A FOREIGN PRODUCTION.

    As long as they allow the creation of a physical support prior to their industrial production, they will be entitled to a deduction of 20 percent of the expenses incurred in Spanish territory, provided that these are at least one million euros.

    The basis for the deduction is made up of the following expenses incurred in Spanish territory directly related to production:

    • Creative staff expenses, provided that
      have tax residency in Spain or in a member state of the European Economic Area, with a limit of 100,000 euros per person. 

    • Expenses deriving from the use of technical industries and other suppliers.

    • The amount of this deduction cannot exceed 3 million euros for each production carried out.

  3. LIVE SHOW PRODUCTION AND EXHIBITION EXPENSES.

    Expenses for the production and exhibition of live performing arts and musical shows will be entitled to a joint deduction of 20 percent . The base of the deduction will consist in the direct costs of an artistic, technical and promotional nature, incurred in such activities. The deduction
    generated in each tax period may not exceed the amount of 500,000 euros per taxpayer.