Tax incentives for film production

Decree-Law no. 22/2017 of 22 February has created a tax incentive for film production, by amending article 59-E of the Tax Benefits Statute and making the corresponding change to the Corporate Income Tax (CIT) Code.

In general terms, the new tax incentive gives corporate income tax payers resident in Portugal, and non-residents with a permanent establishment here, the right to deduct to the tax due ("coleta") 20% (or 25%) of eligible expenses incurred in Portugal in the production of feature-length films.