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Tax credit and videogames: in Italy you can

Tax credit decree on video games has been issued.

The latest among the measures granted by the Ministry of Franceschini in favor of operators in the performing art and entertainment sector, the decree of May 14, 2021 recognizes to companies subject to taxation in Italy and which have a minimum share capital of ten thousand euros, if the design and develop videogames, a tax credit equal to 25% of the eligible costs incurred in the realization of each project, up to a limit of one million euros per year, provided that, using the words of the Minister, the final products are recognized “as works of particular value cultural”.

This is a particularly important benefit, both because it finally recognizes value to a sector that for some time, worldwide, has achieved volumes of business such as to compete directly with cinema and audiovisuals, and because almost all companies that dealing with developing video games is made up of start-ups created by very young people, who will therefore find even greater vigor in transforming a passion into a real high-profit job, as is already the case with their peers in other parts of the world.

If you want to know more, you are interested in this type of subsidy, if you already have a project that you dream of seeing realized send an email to info@ralianconsultancy.com and ask for a free feasibility study.

Audiovisual Selective Contributions for Screenplays. Open Sessions. Let’s Start!

The call for 2021 screenplays selective contributions has been published. Italian Ministry has allocated 32,400,000
to deal with the harmful consequences that the pandemic is affecting the cinema and audiovisual sector.
Three, as usual, the categories that will be able to participate in the call and, specifically, scriptwriting, development and pre-production and production.
Also this year there are three sessions scheduled for the presentation of – questions. Respectively:
For the 1st session, applications can be submitted from March 31st to April 19th 2021;
For the second session, applications can be submitted from June 4th to June 25th 2021;
For the third session, applications can be submitted from 8 September to 29 September 2021.
Applications, as previously, can only be presented to by means of the DGCOL platform.

For support, advice and assistance, you can send an email to info@ralianconsultancy.com

LINK

After the tax credit for the production of cinematographic and audiovisual works, of which we have illustrated the main innovations in a recent article (LINK) the call for selective contributions 2021 is also soon to be published by MIBAC. This is one of the benefits most anticipated and important among those foreseen in favor of a sector, that of cinema and audiovisual, still severely affected, together with the entire entertainment sector, by the recent pandemic, which has in fact blocked or moved towards platforms of linear and on demand the release of all the productions made starting from March 2020. The effort of the Franceschini Ministry also in this beginning of 2021 therefore manifests a clear desire to favor the recovery of the entire cultural sector in every way. According to the first advances, the outgoing call will provide for a total allocation of € 32,400,000, divided as follows between the following lines of intervention:

scriptwriting of film, television and web works: euro 1,200,000;
development and pre-production of cinematographic, television and web works: euro 3,000,000;
production of cinematographic, animation, documentary and short films: euro 28,200,000.

On the other hand, the dates scheduled for the opening and closing of the three sessions for the presentation of the grant applications have not yet been set, although it is expected that, as every year, the same should fall within a time frame months of July and October. Applications, as previously, can only be submitted via the DGCOL platform.

To apply for selective grants, according to the procedures established by MIBAC, for information and assistance you can send an e-mail to info@ralianconsultancy.com

Cinema and audiovisual tax credit 2021. All the news of the MIBAC call

With the tax credit decree for film and audiovisual production companies 2021, Mibac adapts
the benefit to the Covid emergency, allowing for video clips and works disseminated on digital platforms.

The ministerial decree that will govern access to the measures for the current year is forthcoming
incentives for the film, audiovisual, television and web sectors, currently under consideration by the Court
of the Accounts. Once again, admission to the benefit will be allowed to companies having their registered office in
European economic area, subject to taxation in Italy and with a share capital and net assets
not less than forty thousand euros, as long as they comply with the social security and social security obligations
insurance and not established in the form of cultural associations and non-profit foundations, as well as in
possession of the Ateco J code 59.1.

The granting of the tax credit, provided for in varying degrees from 15 to 40 percent of the cost
total production of the audiovisual work for which it is requested, takes into account for the first time
also of audiovisual works intended for the public through a provider of linear audiovisual services
and on request. This prediction, which is added to the traditional ones regarding cinematographic works
properly so-called and the audiovisual ones destined for diffusion through television or the web, it has surrendered
indispensable to cope with the crisis in the cinema sector which coincided with the closures of the cinemas and
consequent impossibility of releasing new works through traditional channels, with the consequent
need to resort to a large extent to on-demand and streaming platforms to ensure that the new
works nevertheless reach the public.

Similarly, admission to the benefit is also envisaged for research and training works, provided that
meet the joint requirement of having been disseminated to the public both in reviews and competitions
international primary level through providers of linear audiovisual media services or a
request.

For the first time, video clips were included in the use of the tax credit, also as long as they were disseminated to
public through linear or on-demand audiovisual media service providers.
Another novelty, also needed by the epidemiological emergency, consists in having foreseen that the
expenses incurred during the construction of the work to deal with the health emergency give the right to
a tax credit equal to 100% of their amount, at least up to an amount of four hundred thousand euros
per work, while the applicable rates are applied to any surpluses over this amount
for other eligible costs referring to the production of the same work.

Lastly, in derogation from the criterion of the completion of the work as a necessary requirement for approval
definitive tax credit, it was ordered that the irreversible interruption of the work due to the emergency
epidemiological does not result in the forfeiture of credit recognition, even if within the limit
of the amount of eligible costs actually incurred and paid up to the moment of the forced interruption.

As in previous years, the request for tax credit presupposes the request of Italian nationality
provisional and possession of the cultural eligibility requirements. The application must be submitted
through the DGCinema portal, through the appropriate forms that the Ministry will prepare
within thirty days of the publication of the D.M. tax credit.

Once the annual limit of resources set forth in reference to each of the types of tax credit provided has been reached, access to the system will be deactivated, resulting in the impossibility of submitting subsequent applications.

For more information, for assistance and advice regarding the tax credit request, you can send an email to info@ralianconsultancy.com

RALIAN tax credit field. Tototravel project and italian selective audiovisual contributions.

20 Italian regions in 20 days. An unconventional journey to an extraordinary place. The year is the right one: 2020, one of the years that we have massively perceived as ominous, but the right year to carry out resilient projects. To the year in which the pandemic left its trail of deaths and privations that accompanied us, shaken, frightened, forced to change our lifestyle, TOTOTRAVEL was able to respond with a resilient, eco-sustainable, extreme project to live on the wings (or rather on the wheels) of freedom, bringing hope, the desire to live and succeed in one of the most beautiful countries in the world, one of the first to suffer the serious consequences of COVID – 19.

A project that immediately found our consent and our interest in the idea, subject and script of the documentary that would summarize this epic in a modern and eco-sustainable key, capable of perfectly combining culture and environment, tourism and hope, resilience and creativity.

Protagonists of the company are Eng. Salvatore Magliozzi, charismatic and eclectic General Manager of TOTOTRAVEL (https://www.tototravel.it/) traveler and author of successful books, the caterpillars Qui Quo and Fausto who at the end of the journey have become wonderful butterflies, the symbol of hope and of life and rebirth, an electric scooter and the 20 Italian Regions, exalted and experienced in their typical landscape and natural beauties, food and wine, cultural and historical as well as receptive.

The message is clear and fully shareable, centered on the fundamental drivers that must give impetus to the recovery made in Italy taking into account the European objectives in terms of Green Deal and zero impact. All conveyed by a documentary that is making the rounds of the web and for the realization of which RALIAN has sided in the front line, providing the necessary assistance to the presentation of the application for participation in the call for selective contributions for screenplays of the first window that MIBACT opened in 2020 to encourage the development of audiovisual works conceived by young Italian authors.

Today we are pleased to provide you with a video of the 20 Regions enterprise in 20 days, a small excerpt from the documentary presented at the selections, which kindly Eng Magliozzi and the TOTOTRAVEL staff wanted to prepare for us, a video for which we thank them.

Creativity and resilience are at the heart of the challenge posed by the pandemic. We will start to travel again and do it in an eco-sustainable way, we will return to conviviality and Italian hospitality, we will reopen the doors of our cities, we will dust off our works, we will offer them back to the world, we will protect our landscape beauties, our villages, we will tell you our story again in front of a glass of wine from our lands, without ever giving in to discouragement. We must be like the caterpillars that do not know that they will soon become butterflies, but live the moment of waiting with trust and hope. One day they will soar in the sky and cheer the planet with their multicolored wings.

 

We must be like the caterpillars who do not know that they will soon become butterflies but live the moment of waiting with trust and hope. One day they will soar in the sky and cheer the planet with their multicolored wings.

At the moment the MIBACT windows  for audiovisual tax credit applications and selective contributions for screenplays are closed. The last window ended in November. In these months, the Ministry will form the rankings for the acceptance of applications for funding of the works and we sincerely wish TOTOTRAVEL to be financed this extraordinary project.

While waiting for the reopening of the MIBACT 2021 calls, we invite film production companies that are interested in Tax credit and all scriptwriters to contact us to explore with us the set of possibilities offered in this sector and understand methodologies and useful documentation for the insertion of the practice, as soon as the ministry gives it a chance through the announcement.

Each of us indulges in a TV series at the end of the evening on the various platforms that today are replacing cinemas that have remained closed due to the pandemic. Behind those series, those films, there are people, stories, work, ideas. And those ideas deserve the opportunity to participate in the contributions made available to the MIBACT for the audiovisual because the cinema, the audiovisual spread culture, unite people, tell our story or the story we would like to live, give us dreams and smiles,  tears and strong emotions, hope and desire to succeed.

The audiovisual industry is a cluster of strategic importance. Each film, each documentary or TV series creates income for families and workers, generates induced activities, multiplies the economic effects, stimulates tourism and builds awareness. Never before has selective contributions and tax credit been oxygen for many production companies. and for many directors / authors / screenwriters.

We look forward to seeing you at the next window. Please watch the video of 20 Regions in 20 days. We thank TOTOTRAVEL for the trust placed in our advisory and for the continuous and fruitful collaboration.

MIBACT call audiovisual tax credit and selective contributions: categories, assigned, questions, subjects

The Ministry of Cultural Heritage and Activities (MIBACT) has just published the tender for the granting of selective grants for writing, development and the pre-production, the production of cinematographic and audiovisual works for the year 2020.

The categories of works admitted to participate in the granting of this form of benefits for this year are:

to. the writing of original scripts or taken from other non-audiovisual works protected under the law on copyright, and from which it is possible to create cinematographic, television and web works;
b. the development and pre-production of cinematographic, television and web works;
c. the production of cinematographic, animation, documentary and short films.

The amounts made available to the Ministry for this type of intervention for 2020 amount to € 1,000,000 respectively for the works referred to in letter a); € 2,700,000 for the works referred to in letter b) and € 24,600,000 for those referred to in letter c).

Applications for the first of the three sessions scheduled for this year must be submitted from 15 to 31 July 2020 through the appropriate DGCOL platform.

Requests for contributions in order with the requested documentation will be evaluated by the experts in charge of evaluating the individual projects on the basis of the criteria and parameters provided in the tables attached to the call. The experts will also assign the relative scores, draw up the rankings for each line of intervention and indicate the extent of the assigned contribution.

The subjects who can apply for contributions are:

– for the writing of original scripts, with fictional or documentary narrative content, Italian citizens of legal age or of another country of the European Economic Area and fiscally resident in Italy, who are not owners, members, administrators or legal representatives of audiovisual production companies or audiovisual distribution or companies providing audiovisual media services;
– for the development and pre-production of cinematographic, television and web works, with fictional or documentary narrative content, Italian film and audiovisual companies, also in associated form, or operating within an international co-production relationship, partnership international or international production, as well as the networks of film and audiovisual companies, as long as they have their registered office in the European Economic Area and are subject to taxation in Italy as a result of their tax residence, or for the presence of a permanent establishment in Italy, to which it is attributable the audiovisual work to which the benefit is linked and qualifying as independent producers;
– for the production of cinematographic works and audiovisual works of animation, documentary and short film, the Italian cinematographic and audiovisual enterprises, also in associated form, or the Italian cinematographic and audiovisual enterprises in the context of an international co-production relationship, of sharing international or international production, as well as the networks of film and audiovisual companies having their registered office in the European Economic Area and subject to taxation in Italy due to their tax residence, or for the presence of a permanent organization in Italy, to which the work is attributable audiovisual to which the benefit is related, that they have creative processing rights on the script, the subject, the treatment or other artistic material aimed at the realization of the cinematographic or audiovisual work.

RALIAN, by its exprertise on tax credit and contributions in support of subjects operating in the culture sector, offers its advice to those who believe they have the requirements for obtaining this important benefit. With this in mind, our company can offer complete and continuous assistance, which begins with the verification – free of charge – of the existence of the requirements for the presentation of the single applications and which is then articulated, in the case of the existence of the requirements for the presentation. of the application, in the registration and management of the database of the DGCA portal, up to the presentation, in case of admission to the contribution, of the requests for advance and balance. Each phase will be preceded by an assignment of assignment, with the presentation of cost estimates to be borne clear and tailored according to the needs of the individual customer and, above all, anchored in their amount to the positive result of each individual phase of intervention.

For any question, please contact us at +39 348 19 40 700 or +39 338 65 40 088 or send us an e-mail to:

info@ralianconsultancy.com

Ciak! Action! Call for selective audiovisual contributions for 2020.

We are ready to help the audiovisual and cinematographic sector to obtain the selective contributions and the tax credit provided by MIBACT in the ministerial announcement just issued.

Do you have a script to be transformed into a short or feature film? Are you going to make a documentary? Are you going to create a promotional spot for your area? Are you going to convey original multimedia content on the web? Are you working on a first film, are you a new director? Are you an Italian, European or non-European film production company, or an independent producer? Are you a distribution channel or hosting provider? Are you producing an animation series?

We can help you get contributions for your scripts and tax relief for your work. However, we ask you not to hesitate to contact us because applications can be submitted no later than the next on the 31st of July.

Our consulting firm offers a complete service in this sector, with great competence and professionalism that allows our client to be followed in every phase of the project.

Visit our “Services” section. Contact us and we will be at your complete disposal.