Skip to main content
Practical Manual of Companies 2020.

Requirements

Taxpayers may apply the deduction for investments in cinematographic productions with respect to investments in Spanish productions of feature films and short films and audiovisual series of fiction, animation or documentaries, which allow the preparation of a physical medium prior to their serial industrial production, always who are considered the producer of the work, provided that the following requirements are met:

  • That the production obtains the corresponding certificate of nationality and the certificate that accredits the cultural character in relation to its content , its connection with the Spanish cultural reality or its contribution to the enrichment of the cultural diversity of the cinematographic works that are exhibited in Spain, issued by the Institute of Cinematography and Audiovisual Arts , or by the corresponding body of the Autonomous Community with jurisdiction in the matter.

  • That be delivered (until December 31, 2019, it was required to be deposited) a new and in perfect condition copy of the production in the Spanish Film Library or the film library officially recognized by the respective Autonomous Community.

News:

Royal Decree-Law 17/2020, of May 5, which approves measures to support the cultural and tax sector to address the economic and social impact of COVID-2019 , modifies the definition of cinematographic productions and allows until August 31, 2020 (this term is extended until January 31, 2021 , as established in the first section of Order CUD /807/2020, of August 27) are also considered commercial release of a film, without it losing its status as a cinematographic film, resulting The deduction for investments in Spanish film productions is applicable, which is carried out through television and platforms that offer streaming content (through television audiovisual communication services, as well as electronic communication services that broadcast television channels or program catalog services).

With effect for tax periods beginning on or after January 1, 2020 , the scope of application of the deduction ## and can also be made investment in short films cinematographic.