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Spain Expands Tax Benefits for Film Industry

|Approved Changes|Spain
Spain

Spain has published Decree-Law 17/2020 of 5 May 2020 in the Official Gazette, which approves support measures for the cultural sector in light of the impact of COVID-19. With respect to corporate income tax, one of the main measures is expanded support for the film industry. This includes an increase in the tax deduction (rebate) for Spanish film productions from 25% to 30% with respect to the…

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