VALUE

• The tax rebate amounts to 30% of the eligible pre-tax expenditures

• It is capped at €30 million per project

• Eligible expenditures are taken into account at up to 80% of the total budget

ACCESSING FRENCH TRIP

The TRIP is available for companies that:

• are subject to corporate income tax in France.

• act as the production services company for the sequences filmed or made in France.

Companies can be specialized in servicing, or be a regular production company or an animation / visual effects studio, a subsidiary of the UK or US producer, a SPV, etc.

QUALIFYING PRODUCTIONS

To qualify to the TRIP, a project must:

• be a fiction film (live action or animation, feature film, TV, web, VR, short film, TV special, single or several episodes of a series, or a whole season…).

• pass a cultural test.

• shoot at least 5 days in France for live-action production (unless VFX/post-production).

Live-action VFX projects are eligible for the TRIP provided: 15% of the shots, or on average one and a half shots per minute, are digitally processed (on the whole film). AND more than 50% of the French spend is VFX/post-production expenditures.

MINIMUM SPEND REQUIREMENT

A minimum of €250K (or at least 50% of the production budget, whichever is lowest) must be spent on French-qualifying expenditures.

ALL INFORMATION IS PROVIDED FROM THE OFFICIAL CNC WEBSITE