9.9.2.2.4. For investments in film productions, audiovisual series and live performing arts and musical shows
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SPANISH PRODUCTIONS OF FILM FEATURE FILMS AND AUDIOVISUAL SERIES.
Investments in Spanish productions of feature films and audiovisual fiction, animation or documentary series, which allow the preparation of a physical support prior to their serial industrial production, will entitle the producer to a deduction of 20 percent with respect to the first million euros of the deduction base, and 18 percent on the excess of said amount. The deduction cannot be greater than 3 million euros.
The deduction base will be the production cost, less the portion financed by the financial co-producer.
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PRODUCERS REGISTERED IN THE REGISTRY OF FILM COMPANIES THAT ARE IN CHARGE OF THE EXECUTION OF A FOREIGN PRODUCTION.
Whenever they allow the preparation of a physical support prior to their industrial production, they will be entitled to a deduction of 15 percent of the expenses incurred in Spanish territory as long as these are, at least, million euros.
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PRODUCTION AND EXHIBITION EXPENSES OF LIVE SHOWS.
The expenses for the production and exhibition of live performing arts and musical performances will be entitled to a joint deduction of 20 percent . The deduction generated in each tax period cannot exceed the amount of 500,000 euros per taxpayer.