Italy offers a transferable film tax credit of 40% on Italian and EEA-territory spend, with a 30% rate on non-EEA above-the-line labor, under the current program guidelines.
Eligible costs are capped at 75% of the total budget, above-the-line is capped at 30% of production costs, and financial and insurance costs are capped at 7.5%. EU spend counts as Italian up to one-sixth of the 75% budget cap. There is a €20 million annual per-company cap and no per-project cap.
Minimum eligible spend is €250,000. Upload your budget above to see your estimated Italy credit line by line.
What is the Italy film tax credit rate?
40% on Italian and EEA-territory spend, with 30% on non-EEA above-the-line labor, under the current program guidelines.
Is the Italy credit transferable?
Yes, it is a transferable tax credit.
What is the minimum spend in Italy?
€250,000 in eligible costs.
What caps apply in Italy?
Eligible costs are capped at 75% of the total budget, above-the-line at 30% of production costs, and there is a €20 million annual per-company cap.
Figures reflect the program guidelines currently modeled by this calculator and are estimates only — not tax or legal advice. Confirm current rules with the relevant film office before making production decisions.