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V0880-22 ·25 April 2022 ·consulta-vinculante Medium impact
Tax

Application of the 50% aid limit for film production tax credits for the 2019 financial year

An entity has requested clarification on whether the 75% aid limit introduced by Royal Decree-Law 17/2020 can be applied to a production completed in 2019. The Directorate General for Taxes (DGT) has ruled that, as the production dates back to 2019, the applicable limit is the 50% threshold stipulated by the regulations in force during that financial year.

In 6 key points

How it affects those involved

This ruling confirms that tax credit limits are determined by the regulations applicable during the specific tax period in which the production occurred, preventing the retroactive application of more favourable aid limits.

Lifecycle

2022-04-25PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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