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Italy revises international tax credit, maintaining headline 40% rate and banning relief for AI spendItaly revises international tax credit, maintaining headline 40% rate and banning relief for AI spend

Italy revises international tax credit, maintaining headline 40% rate and banning relief for AI spend

August 31, 2024

Italy revises international tax credit, maintaining headline 40% rate and banning relief for AI spendSource: AVP Summit Lucia Borgonzoni Italy has published details of its revised tax credit for international productions, maintaining its headline 40% relief and introducing groundbreaking rules around the use of AI. The 40% rate for international shoots applies to production spend in Italy of at least €250,000.  However, the rate reduces to 30% for specific […]

Continue readingItaly revises international tax credit, maintaining headline 40% rate and banning relief for AI spend