Italy offers multiple advantages for filmmakers
Joonas Suotamo is Chewbacca in SOLO: A STAR WARS STORY.
Rome: With its long Mediterranean coastline and temperate seasonal climates, Italy offers multiple advantages for filmmakers.
They’re also drawn to the country by its plethora of historical and picturesque cities – Rome, Venice, Naples, Milan), its classic countryside vistas (Tuscany, the Dolomites, Sicily – and, last but not least, the nation’s 30% tax credit.
That credit has a ceiling of 20 million euros, or about $22.6 million, per company. The tax credit is based on production expenses incurred in Italy. Italian eligible production costs cannot exceed 75% of a project’s total budget
The major benefit of the Italian tax credit is that producers receive it during production, month to month, as a cost reduction. Many producers prefer this method, which can reduce costs as they go along.
For a project to qualify, 51% of below-the-line employees must be Italians or citizens of the European Union. A cultural test also applies.
Feature films recently shot in Italy include “Bond 25” (2020), “Spider-Man: Far From Home” (2019), “Aquaman” (2018), “Solo: A Star Wars Story” (2018), “The House That Jack Built” (2018), “Wonder Woman” (2017), “Call Me by Your Name” (2017), “Murder on the Orient Express” (2017) and “Kingsman: The Golden Circle” (2017).
