For the past year the Italian government has been procrastinating over its planned changes to tax incentives for film and television production. Specifically this affects the funding available to film productions through a 40% tax credit.
For industry associations and collectives, this delay in releasing the funding has a direct impact on small and medium-sized productions. They claim the delay directly affects their jobs, with, according to them, “more than 70% of the workforce, actors and writers, unemployed.”
In their press release, the industry organizations sound the alarm and call on the government to act quickly to adopt the corrective decrees. “We cannot afford to wait any longer: to avoid collapse the sector needs concrete and timely responses.” They add: “Independent cinema is in danger of disappearing, the cinema out of which new film-makers emerge, through which the cultural future of our country, a source of inspiration for the rest of the world, is built and preserved.”
Lucia Borgonzoni, Undersecretary of State for Culture, replied to these accusations by stating that there are currently 37 productions underway and that the latest correction to the tax credit would be published soon.
