Ecosystem map 161 – Tax incentives for Film Production

1. Deduction for investment in foreign productions:
-Up to 54% on the first million euros when eligible expenses in the Canaries exceed 1.900.000€
-50% Tax Rebate on the first million euros of deductible expenses and 45% Tax Rebate on the rest of the expenses.
2. Maximum deduction base is EUR 18 million
3. 0% VAT

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