Cinéma : L’Italie freine les productions hollywoodiennes – Point sur les incitations fiscales

Lucia Borgonzoni and the Future of Italy’s Film Industry

The Italian film industry is facing challenges due to changes in tax incentives made by the right-wing government. Lucia Borgonzoni, the undersecretary for culture in Italy, is working to address these issues and ensure the industry’s stability.

The Importance of Tax Credits for International Productions

Italy’s 40% tax credit has been a major draw for Hollywood productions in recent years, leading to a resurgence of interest in filming in the country. However, recent changes have caused uncertainty among filmmakers, resulting in a slowdown in foreign productions.

Borgonzoni recently announced that a new tax credit “window” will be launched soon, aiming to provide clarity and support for international productions. Despite some skepticism from industry experts, the government is pushing forward with these incentives.

Changes in Tax Credits and Incentives

While the new tax incentives are being implemented, there may be adjustments to the previous 40% tax credit for international productions. Borgonzoni has indicated that using local talents could lead to additional benefits for filmmakers.

International producers are eagerly awaiting the new rules and opportunities for filming in Italy. The government is committed to opening the tax credit window before the summer to support upcoming projects.

Support for Italian Stories and Talent

In addition to incentives for international productions, there is a new fund dedicated to promoting Italian narratives and characters. This initiative aims to showcase the cultural richness of Italy and support local filmmakers.

Overall, the Italian government is striving to maintain a competitive environment for both domestic and international productions, offering opportunities for collaboration and creativity in the film industry.

Source : variety.com