Spain boosts tax relief for international productions; Ciudad de la Luz reopens

Tax breaks on international TV shows will rise to €10m per episode, with tax relief for films being doubled to €20m

Spain has increased its tax breaks in a bid to attract more international film and TV productions to the country.

The boost took effect from 1 January and coincides with the reopening of Alicante's Ciudad de la Luz film studios following an EU ban 10 years ago (on the grounds of unfair competition).

Tax rebates on international TV shows will rise to €10m ($10.55m) per episode, with tax relief for films being doubled to €20m.

The Spanish Congress has also scrapped the €100,000 deductions limit that was previously set for a show’s creative team.

Carlos Rosado, president of Spain’s Film Commission, said the newly introduced scheme would make his country “the most competitive and attractive destination in Europe for audiovisual production.”

Spain has already hosted major international projects in recent years including: HBO’s GOT: House Of The Dragon and Netflix’s The Witcher to features such as Tom Holland's Unchartered and Marvel's Eternals.

 

Spain boosts tax relief for international productions; Ciudad de la Luz reopens
House of the Dragon. Credit: HBO
Spain boosts tax relief for international productions; Ciudad de la Luz reopens
House of the Dragon. Credit: HBO

Spain has increased its tax breaks in a bid to attract more international film and TV productions to the country.

The boost took effect from 1 January and coincides with the reopening of Alicante's Ciudad de la Luz film studios following an EU ban 10 years ago (on the grounds of unfair competition).

Tax rebates on international TV shows will rise to €10m ($10.55m) per episode, with tax relief for films being doubled to €20m.

The Spanish Congress has also scrapped the €100,000 deductions limit that was previously set for a show’s creative team.

Carlos Rosado, president of Spain’s Film Commission, said the newly introduced scheme would make his country “the most competitive and attractive destination in Europe for audiovisual production.”

Spain has already hosted major international projects in recent years including: HBO’s GOT: House Of The Dragon and Netflix’s The Witcher to features such as Tom Holland's Unchartered and Marvel's Eternals.

 

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