Strengthening of film and audiovisual production tax credits (animation, visual effects, ceilings)

Article 111 of the 2016 Finance Act amends the tax credit for film and audiovisual production expenses (article 220 sexies of the general tax code). The 30% rate is extended to animated films and to non-animated films shot mainly in French or a regional language; fiction films with heavy visual effects (at least 15% of shots) are treated as animation; some films may be shot in a foreign language for artistic reasons. The tax credit ceiling is raised from €4 million to €30 million and a per-minute scale (from €1,250 to €10,000 for fiction, €1,150 for documentaries, €3,000 for animation) caps the credit per audiovisual work.