The Italian government has allocated an additional €80 million to the tax credit for film and TV production, following the publication of the 2026 distribution decree. As stated in Sole 24 Ore, the Minister of Culture and Economy has allocated this amount by necessity to finance the tax credit for Italian film production this year.
Within two years, the Senate’s final approval of the conversion of the Infrastructure and PNRR Decree-Law had brought an additional €200 million to the budget. In 2026, Article 15-bis raised the Cinema and Audiovisual Fund by €15 million (from €610 to €660 million) and by €150 million in 2027 (from €500 to €650 million), before the allocation drops back to €500 million a year from 2028 onwards. Within this context, this funding increase will prompt discussions on how to divide the funds among the industry’s different players.
The stated goal is to support Italian productions by giving producers greater certainty about timing and fund availability — something increasingly needed to plan investments and new projects. Meanwhile, on the 31st of August, the window to submit advance and final requests through the Dgcol system — aimed at Italian post-production and executive companies with Italian employees working on foreign productions — closed after opening on June 3rd. Where there is not sufficient funding, the financially underfunded applications will be transferred to the next session.
Additionally, there are two new decrees regarding tax credits for movie theatres that have recently been issued by the Directorate General for Cinema and Audiovisual Media in relation to the evaluation results of operating expenditures and investments for 2024.
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