Tax shelter for production and tax credit for theatre digitalization finally implemented
The tax credit for digitalizing cinemas ended its bureaucratic journey when it was recently signed into law by Minister of the Economy Giulio Tremonti. The minister also enacted the tax shelter for businesses outside the audiovisual industry, distributors and exhibitors, for film production and distribution.
The delay had sparked protests by exhibitors associations (see news). Now, said ANEM President Carlo Bernaschi, "movie theatres are finally being recognized as a fundamental tool for the development of digital and new technologies ".
You can find the specific details on the new law on the website of Italian industry trade Il Giornale dello Spettacolo.
(Translated from Italian)
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