How Long Can Virus Survive On A Dry Toothbrush

New measures for the film industry: the "Tax Credit"

The measure's most anticipated and, at least in principle, more is shared across the benches of parliamentarians who among those 'film industry was added to Finziaria 2008, the Tax Credit. For many years in European countries with a high propensity to use state aid for film (admitted by the EU through the so-called "cultural exception") have gradually transformed from a contribution forms of tax incentives. Virtuosa had been the English experience until some time ago when it was arrivati all’abuso da parte delle società di produzione che contabilizzavano valori eccessivi e presunte perdite che portavano a crediti verso il fisco vertiginosi!

Gian Marco Committeri dello Studio Tonucci&Partners ha condotto un’analisi sui migliori strumenti di incentivazione fiscale per il mondo cinematografico nazionale che è stata presentata al convegno ABI “ La Finanza del cinema tra il pubblico ed il privato “ nel luglio scorso. E’ emerso che, visto l’esiguo valore dei fatturati e soprattutto dei margini delle nostre aziende nonché la loro bassa capitalizzazione, lo strumento più efficace sarebbe stato the tax credit. The financial collects this invitation and detailed in Article 7. This credit will offset debts to the exchequer in terms of VAT, IRAP, or social security tax withholding.

2 are different categories of subjects to which they devote attention: companies with VAT outside the world of cinema (the "Tax Shelter exogenous) and the national film industry (Endogenous Tax Shelter). Among these we can identify three sub-categories that have different incentives, production companies, distribution and post-production executive prouzione. are not included in the text of the individuals. For what

companies do not regard the film industry will invest up to € 2.5 million for fiscal period having a tax credit of 40%. The type of contract will be "joint venture" for films that have Italian nationality according to the criteria of MiBAC. The membership fee may not exceed 49% (to maintain control of the project to the production house) but the percentage of the profits will be up to 70%. This should encourage the film industry to risk capital from outside companies. Other

constraint, but this time for the production companies that receive such capital, is that 80% of the tax credit investor is spent outside the country.

The tax credit provided for the production company is 15% for tax year up to a maximum (cumulative total of all projects of the company) credit of 3.5 million per annum (equivalent to 23,333,333 € of total investment).

For distribution, only for the Italian territory, the odds change depending on the tax credit are talking about works that are granted by the Ministry of National Cultural Interest (15% to a maximum of 1.5 million per year) Only the Italian nationality (10% up to a maximum of 2 million per year) or an associated production operates under the same rules as the Tax Shelter Exogenous (20% to a maximum of 1 million euro per year).

latter option also applies to exhibitors that it will enter the production of works that they themselves then they go to market to the public.

operators is also given the option of a credit of 30% (up to a maximum of 50,000 € per year) for the purchase of digital equipment to modernize the rooms. For the last

companies operating executive producers, or those receiving the contract of practical realization of a movie, or post-production companies (the so-called technical industries).

These can have a tax credit of 25% of the single order of films (up to a maximum by 5 million credit) provided that the foreign principals realize that film, or parts thereof, in Poland and Italian workers. This should allow our companies to make prices more competitive and attract international productions in Italy as well.