Skip to main content
Practical Manual for Companies 2020.

Requirements

Taxpayers may claim a deduction for investments in cinematographic productions for investments in Spanish productions of feature films and short films and audiovisual series of fiction, animation or documentaries, which allow the creation of a physical medium prior to their serial industrial production, provided that they are considered the producer of the work, provided that the following requirements are met:

  • That the production obtains the corresponding certificate of nationality and the certificate that accredits the cultural character in relation to its content , its connection with the Spanish cultural reality or its contribution to the enrichment of the cultural diversity of the cinematographic works that are exhibited in Spain, issued by the Institute of Cinematography and Audiovisual Arts , or by the corresponding body of the Autonomous Community with competence in the matter.

  • That (until December 31, 2019, it was required to be deposited) a new and perfect copy of the production delivered to the Spanish Film Library or the film library officially recognized by the respective Autonomous Community.

News:

Royal Decree-Law 17/2020, of May 5, which approves support measures for the cultural sector and of a tax nature to face the economic and social impact of COVID-2019 , modifies the definition of film productions and allows that until August 31, 2020 (this period is extended until January 31, 2021 , as established in the first section of Order CUD /807/2020, of August 27) they are also considered a commercial release of a film, without it losing its status as a cinematographic film, resulting in the deduction for investments in Spanish film productions being applicable, which is carried out through television and platforms that offer streaming content (through communication services audiovisual television, as well as electronic communication services that broadcast television channels or programme catalogue services).

With effect for tax periods beginning on or after January 1, 2020 , the scope of application of the deduction is extended and the investment may also be made in short films cinematographic films.