CALIFORNIA

Initial application windows for California’s Film & TV Tax Credit Program 3.0 will be June 22-24 for Recurring and Relocating TV series and July 13-15 for Feature Films (independent and non-independent).

Credit Allocation Letter Dates will be July 20 for Recurring and Relocating TV series and August 17 for Feature Films.

The California Film Commission will not accept any New Television projects during the TV application period, as the recurring TV category is oversubscribed.  Recurring TV series will receive credit allocation letters upon submission of pick-up orders.

The above schedule is subject to change due to COVID-19 and approval of Program 3.0 regulations by the Office of Administrative Law.

SPAIN

The Spanish Government approved an increase in tax incentives to attract international productions. The refund percentage increases from 20% to 30% for the first million euros, and to 25% for the remaining expenses incurred in Spain. The increase also raises the maximum refund limit to €10M.


DISCLAIMER

These materials have been prepared by Entertainment Partners for informational purposes only and should not be construed as tax advice or relied on for specific projects. Though every effort has been made to remain current, laws and incentives change and therefore this information may have been revised. Please contact your legal or tax advisors to confirm any laws or the effect of incentives on your project. For updates and more information, please visit our website at productionincentives.com.

Providing links to other sites shall not be construed as an endorsement by Entertainment Partners of the linked websites or the opinions expressed on such websites.

Loans made by GEPF, LLC and EP Financial Solutions, LLC, made or arranged pursuant to a California Finance Lenders Law license.