HIGH PERCENTAGE FOR TAX CREDIT UP TO 40%
It is accrued during production of foreign films and tv series on a monthly basis. Tax Credit is calculated on the eligible production costs actually incurred and paid by the Italian production service company (IPSC).
FAST – 30 DAYS FOR THE APPROVAL AFTER APPLICATION SUBMISSION
Within 30 days from the date of receipt of the Preliminary Request, MIC communicates the recognition (or non-recognition) of the cultural eligibility of the work. Within 60 days from the date of receipt of the Final Request, MIC communicates the final amount of tax credit assigned to the production (“Final Tax Credit”).
NO CAP BY COMBINING MORE PRODUCTION COMPANIES PER PROJECT
The total value of the Tax Credit is up to 40% of the eligible cost, the maximum amount of Tax Credit is Eur 20 million per IPSC per year, in case of larger production several IPSC can join plafonds.
DIFFERENT INCENTIVES THAT CAN BE CUMULATED
Tax Credit can be combined with Regional film Funds as well as with other European incentives.
AVAILABLE FOR ALL AUDIVISUAL CONTENT
Eligible works are audiovisual works intended as:
1- Theatrical motion pictures,
2- TV Works and
3- Web Works of non-Italian nationality.
LEADING INDEPENDENT COMPANY
We are an independent leader production and distribution company founded in 1989 by the internationally renowned film director Sergio Leone. Our shares are listed in the Milan Stock Exchange and our main shareholders and CEOs are Andrea and Raffaella Leone.
Leone Film Group has distributed international and national movie hits such as Wonder, The Wolf of Wall Street, La La Land, The Hateful Eight, Rush, The BFG – Big Friendly Giant, The Post, Green Book, 1917,After 2, Spencer, The Son, The Fabelmans, John Wick 4.
Exclusively for Italy, we will distribute Martin Scorsese’s new film Killers of the Flower Moon and FERRARI directed by Michael Mann.
As for domestic production, through our subsuduary company Lotus Production, we have brought to life award-winning hits such as “Perfect Strangers” by Paolo Genovese, “There’s No Place Like Home” and “The Best Years” by Gabriele Muccino, “Like Crazy” by Paolo Virzì and “Italiano Medio” by Maccio Capatonda. For television, Lotus has produced, among others, the series “Immature”, “Blame Freud”, “There’s No Place Like Home” season 1 and 2 for Sky and the originals “The Lions of Sicily” and “Wonderboys” for Disney+.
INTERNATIONAL LONGTERM PARTNERSHIPS WITH PLAYERS
Since 2013 Leone Film Group has developed key international partnerships that made the company a point of reference in the worldwide scenario. Output deals with Lionsgate, Amblin Entertainment, Stx/Blackbear among others, where key milestones for our company development and growth.
To assist in all the phase of the process (finance, bureaucracy, production etc). A team of 20 professionals will assist you since the first stage, providing you with all the support you need and guiding you into the whole process.
SOLID EXPERTISE, TRUSTWORTHY with a PROVEN TRACK RECORD in the Industry
We have worked on main Studios production as well as on independent international movie, take a look at our latest works HERE.
HIGH QUALITY STANDARDS
We work to get you the best our Country can offer you for production according to your specific needs. Tailor made project are built around your request and we will work side by side in order to achieve the highest standards.
OFFICE BRANCH IN LA
A team of professionals to assist you from the early stage. Our office in LA is at your disposal and eager to get in touch with you and provide you with all the information and services you need.