In San Sebastian-Gipuzkoa support for the audiovisual sector includes some major tax breaks.
Investment and expenditure on feature film/short film productions and other audiovisual work, audiovisual fiction, animation and documentary series are eligible for a tax deduction.
The deduction will be 50% of the base for productions in which the investment and expenditure in the Historical Territories of the Autonomous Community of the Basque Country account for between 35% and 50% of the total sum of the investment and expenditure.
The deduction will be 60% when investment and expenditure in the Autonomous Community of the Basque Country exceed 50% of the total sum of the investment and expenditure.
The percentage will increase to 70% for works originating in Euskera, when the original version is only in Basque.
50-60%
DEDUCTION FOR INVESTMENT AND EXPENDITURE ON AUDIOVISUAL PRODUCTIONS
70%
DEDUCTION FOR INVESTMENT AND EXPENDITURE ON AUDIOVISUAL PRODUCTIONS – ORIGINAL VERSION IN EUSKERA