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ITALY: NEW TAX CREDIT FOR CINEMATOGRAPHIC AND AUDIOVISUAL INDUSTRY 13 JUL 2020

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ITALY: NEW TAX CREDIT FOR CINEMATOGRAPHIC AND AUDIOVISUAL INDUSTRY

Cinema tax credit will be recognized until 31 December 2020 and rates will be increased by 10 percentage points up to a maximum of 40% for films which have maintained at least two weeks of filming in the period 23th February – 30th November 2020.