☕ ¡New Coffee & GO!☕
Law 27/2014, of 27 November, on Corporation Tax contains a set of tax incentives for investment in culture, specifically in Article 36.
These mainly take the form of a deduction in corporation tax for investments in film productions and audiovisual series and another deduction for investments in live performing arts and musical shows. Although this deduction is included in the same article, each deduction has its own nuances.
These incentives apply to entities engaged in the organisation of the activities indicated by the regulation, including music festivals, concert tours, film and series production, live performing arts and musical shows, have also become a useful tool for optimising the tax burden through a mechanism for transferring these deductions to third parties (corporate income tax payers) who, despite not belonging to the cultural sector, can benefit from the application of the deduction (generated by the cultural entity) in exchange for financing these cultural entities.
At this Coffee&Go event, the Durán-Sindreu tax team will explain what these incentives consist of, as well as the financing mechanism, so that taxpayers subject to corporation tax (among others) who are interested can benefit from these deductions for cultural investment in live performing arts and musical shows.
Key topics
- Regulatory framework and opportunities: Analysis of Article 36 of the Corporation Tax Act and its tax incentives.
- Types of deductions available: Differences between investments in audiovisual productions and live performing arts and musical shows.
- Transfer mechanism: How the system of financing and transferring deductions to third parties outside the cultural sector works.
- Requirements and conditions: What your company needs to comply with in order to benefit from these incentives.
Case studies: Real examples of application and tax optimisation.
We invite you to participate in this space for sharing knowledge, where you can learn first-hand everything you need to know about applying tax deductions for investments in cultural projects.
Event information and registration
Time: 9:30 AM
Location: Durán-Sindreu Offices (C/ del Císter, 2, Bajos, Barcelona)
Speakers
Marta Puig Maslloréns
Lawyer and Economist
Tax Partner of Durán-Sindreu
mpuig@duransindreu.com
☕ About our Coffee & GO
Lasting approximately one hour, our Coffee&GO sessions are designed to explain a very specific and topical issue to attendees in a quick and agile way. They also provide a space for companies and organisations to share concerns and experiences, as well as generate synergies.
We look forward to seeing you there! Coffee is on us.