encouraging the production of audiovisual works in Belgium for ten years.
An important reform as regards the TAX SHELTER system has been implemented on January 1st 2015.
This reform has the following objectives:
- To improve the investor’s security;
- To increase the amounts actually devoted to the audiovisual production;
- To better control the system in order to guarantee its durability.
The Tax Shelter system is a tax incentive allowing the Belgian or foreign companies established in Belgium to invest in works intended for cinema or television and to obtain in return tax deductions reducing the taxable profit.
The system is open to Belgian productions as well as qualifying international co-productions with Belgium.
The investor prefinances the producer’s expenses; The investment is limited to 50% of the reserved benefits during
the taxable period, with a limit of 750,000 € per taxable
The eligible investor is the resident company or the Belgian establishment of a non-resident company other than:
More info: http://financien.belgium.be/sites/default/files/downloads/brochure-tax-shelter-2015-en.pdf
The investor prefinances the producer’s expenses;
The investment is limited to 50% of the reserved benefits during