Skip to content
Back to index
V0006-17 2 January 2017 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · deducción por inversiones en producciones cinematográficas

Two different deductions possible in a co-produced film depending on nationality

The DGT confirms that a producer may apply both the foreign production deduction and the domestic production deduction, prorated according to each production's nationality.

The question raised

Possibility that the consulting entity generates the right to apply the deduction for investments in cinematographic productions provided for in paragraph 2 of Article 26 of Law 27/2014.

The DGT's ruling

In a co-production with Spanish and foreign nationality, the deduction under Article 36.1 of the LIS may be applied to the portion attributable to the Spanish production, and the deduction under Article 36.2 of the LIS to the portion attributable to the foreign production. The deduction limits of 3 million euros and 2.5 million euros, respectively, must be prorated according to the percentage that each part of the co-production represents of the total amount.

Book your free first meeting