Film Tax Credits by Country — Compare Rates

Tax Credits

Refundable or transferable credits against tax liability. Tax credits are often the most valuable incentive for structured co-productions — many jurisdictions offer enhanced rates for qualifying cultural content or VFX spend.

Programme	Country	Type	Rate / amount	Cap	Bankable	Next deadline
Basque Country Film Tax IncentiveBasque Country	🇪🇸 Spain	TAX CREDIT	35–70%	—	Not bankable	Rolling
Canary Islands Enhanced Film Tax IncentiveCanary Islands	🇪🇸 Spain	TAX CREDIT	54%	€2M	Not bankable	Rolling
Navarra Film Tax IncentiveGovernment of Navarra	🇪🇸 Spain	TAX CREDIT	45%	€5M	Not bankable	Rolling
Tax Rebate for Foreign Productions in Spain	🇪🇸 Spain	TAX CREDIT	30%	€20M	Bankable	Rolling
Tax Deduction for Investment in Spanish Film Productions	🇪🇸 Spain	TAX CREDIT	30–25%	€20M	Bankable	17 Feb 2027
VAT Exemptions for Film Enterprises	🇨🇳 China	TAX CREDIT	5–60%	—	Selective	31 Dec 2027
AVEC — Animation	🇬🇧 United Kingdom	TAX CREDIT	10–53%	—	Bankable	1 Jan 2027
AVEC — Children's Television	🇬🇧 United Kingdom	TAX CREDIT	10–53%	—	Bankable	1 Jan 2027
AVEC — Film	🇬🇧 United Kingdom	TAX CREDIT	53%	£6.4M	Bankable	Rolling
AVEC — High-End Television	🇬🇧 United Kingdom	TAX CREDIT	10–53%	—	Bankable	1 Jan 2027
AVEC Enhanced VFX Rate	🇬🇧 United Kingdom	TAX CREDIT	10–53%	—	Bankable	1 Jan 2027
Independent Film Tax Credit (IFTC)	🇬🇧 United Kingdom	TAX CREDIT	10–53%	£15M	Bankable	1 Jan 2027
Manitoba Film and Video Production Tax Credit - Cost-of-SalariesManitoba	🇨🇦 Canada	TAX CREDIT	38–45%	—	Not bankable	Rolling
Refundable Tax Credit for Quebec Film and Television Production (QFTTC)Quebec	🇨🇦 Canada	TAX CREDIT	16–41%	—	Not bankable	Rolling
Refundable Tax Credit for Film Production Services in Quebec (QPSTC)Quebec	🇨🇦 Canada	TAX CREDIT	16–41%	—	Not bankable	Rolling
BC Digital Animation, Visual Effects and Post-Production Tax Credit (DAVE)British Columbia	🇨🇦 Canada	TAX CREDIT	35–40%	—	Not bankable	Rolling
Film Incentive BC (FIBC)British Columbia	🇨🇦 Canada	TAX CREDIT	35–40%	—	Not bankable	Rolling
Ontario Film and Television Tax Credit (OFTTC)Ontario	🇨🇦 Canada	TAX CREDIT	15–40%	—	Not bankable	Rolling
Manitoba Film and Video Production Tax Credit - Cost-of-ProductionManitoba	🇨🇦 Canada	TAX CREDIT	30–38%	—	Not bankable	Rolling
BC Production Services Tax Credit (BC PSTC)British Columbia	🇨🇦 Canada	TAX CREDIT	28–36%	—	Not bankable	Rolling
Alberta Film and Television Tax Credit (FTTC)Alberta	🇨🇦 Canada	TAX CREDIT	22–30%	—	Not bankable	Rolling
Canadian Film or Video Production Tax Credit (CPTC)	🇨🇦 Canada	TAX CREDIT	16–25%	—	Bankable	1 Oct 2026
Ontario Production Services Tax Credit (OPSTC)Ontario	🇨🇦 Canada	TAX CREDIT	15–25%	—	Not bankable	Rolling
Ontario Computer Animation and Special Effects Tax Credit (OCASE)Ontario	🇨🇦 Canada	TAX CREDIT	15–18%	—	Not bankable	Rolling
Film or Video Production Services Tax Credit (PSTC)	🇨🇦 Canada	TAX CREDIT	16%	—	Bankable	Rolling
Cyprus Film Scheme Tax Credit	🇨🇾 Cyprus	TAX CREDIT	10–45%	€5M	Selective	Rolling
C2I — International Tax Credit	🇫🇷 France	TAX CREDIT	20–40%	€30M	Bankable	—
Cinema Tax Credit	🇫🇷 France	TAX CREDIT	30%	—	Bankable	23 Mar 2027
Audiovisual Tax Credit	🇫🇷 France	TAX CREDIT	25%	—	Bankable	—
Section 481 Film Tax Credit	🇮🇪 Ireland	TAX CREDIT	32–40%	—	Bankable	Rolling
Section 481 Lower Budget Film Enhanced Credit	🇮🇪 Ireland	TAX CREDIT	40%	€20M	Bankable	Rolling
Section 481 Visual Effects Enhanced Credit	🇮🇪 Ireland	TAX CREDIT	40%	€4M	Bankable	Rolling
Unscripted Television Production Incentive	🇮🇪 Ireland	TAX CREDIT	20%	€15M	Bankable	Rolling
National Film and Audiovisual Tax Credit	🇮🇹 Italy	TAX CREDIT	40%	€10M	Bankable	2 Feb 2027
Lithuanian Film Tax Incentive	🇱🇹 Lithuania	TAX CREDIT	30%	—	Selective	Rolling
Hungarian Film Tax Rebate	🇭🇺 Hungary	TAX CREDIT	5–30%	—	Bankable	Rolling
Location Offset	🇦🇺 Australia	TAX CREDIT	30%	—	Bankable	Rolling
PDV (Post, Digital and Visual Effects) Offset	🇦🇺 Australia	TAX CREDIT	30%	—	Bankable	Rolling
Producer Offset	🇦🇺 Australia	TAX CREDIT	20–30%	—	Bankable	Rolling
Belgian Tax Shelter	🇧🇪 Belgium	TAX CREDIT	25%	€1M	Bankable	31 Dec 2026

Tax Credits

Spain

China

United Kingdom

Canada

Cyprus

France

Ireland

Italy

Lithuania

Hungary

Australia

Belgium