Deductions for Performing Arts
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Tax ADVICE
At ETL NEXUM, we understand the importance of maximizing tax benefits and reducing our clients’ tax burden.
That is why we offer customized solutions that ensure regulatory compliance and optimize your tax planning, aligned with the specific needs of the cultural, audiovisual, and performing arts sectors.
We help our clients minimize their TAX BURDEN
Tax deductions
Audiovisual projects and live performing arts shows generate tax deductions that production companies are normally unable to apply in full.
Deduction-Investment
Since 2007, tax regulations have allowed production companies to transfer tax deductions to third parties (investors), and from 2021 onwards, the complexity of applying them will be reduced.
Financing
Financing can be obtained by “transferring” the deductions through the establishment of an EIG or by signing a financing contract.
Advantages
The production company recovers a large part of the investment made in its project. The investor applies the tax deductions, obtaining a 20% return on the amount contributed.