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V2535-23 21 September 2023 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · deducción por inversiones en producciones audiovisuales

Personal income tax payers with economic activity may apply the deduction for the financing of audiovisual productions under the requirements of Art. 39.7 LIS

The DGT clarifies that both physical persons with economic activity and AIEs can participate in financing, setting rules on the order of application and compliance with requirements.

The question raised

Described in the body of the response.

The DGT's ruling

The taxpayer who finances production costs or advertising and promotion expenses may apply the deduction under art. 36.1 LIS, multiplying their contributions by 1.20. This deduction is incompatible with that of the producer and requires a financing contract and certification communicated to the Administration. In the event that the producer fails to comply with the requirement regarding the permanence of the work, the financier must also regularize the deduction applied.

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