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Creative Industries and Media.

Spanish Tax Deduction Scheme

Spain offers 20% tax rebates for international shoots, calculated against spend with a maximum deduction to 3 million euros.

The Spain Film Commission considers the measure an “important breakthrough.”

One of the best climate in Europe; skilled local professionals with highly competitive rates; great locations; good weather; trusted suppliers and a wide range of accommodation that will increase the production value of every project. Best of all nice food and nice people!

According to the art. 36.2 LIS of the Spanish Corporate Tax Law (Ley Impuesto Sociedades in Spanish).

Basis of the deduction
A deduction for all International Productions of 20% percent of the costs incurred in Spanish territory if the costs incurred in Spanish territory are at least 1 million euros.
The basis of the deduction shall consist of the following expenses incurred in Spanish territory directly related to production:

1. Creative personnel expenses, provided you have tax residence in Spain or in a Member State of the European Economic Area, with a limit of 50,000 euros per person.

2. The expenses arising from the use of technical industries and other suppliers.

3. The amount of this deduction shall not exceed 3 million euros, for each production made.

Beneficiaries
Producers registered with the Register of Cinematographic Companies of the Ministry of Education, Culture and Sport that are responsible for the enforcement of a foreign production of feature films or audiovisual works (…) will right a deduction of 15 percent of the costs incurred in Spanish territory if the costs incurred in Spanish territory are at least 1 million euros. The amount of this deduction, together with other aid received by the taxpayer shall not exceed 50 percent of the cost of production.

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