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The Tax Shelter system is a tax incentive allowing the Belgian or foreign companies established in Belgium to invest in audiovisual works, in performing arts works or in video games and to obtain in return a tax deduction reducing the taxable profit. The system is open to Belgian productions as well as qualifying international
The Tax Shelter of the Belgian Federal government is an EU-validated, spend-based mechanism created in 2003 to finance the Belgian creative industries. Unique in its kind, this public-private partnership has matured over the years to the benefit of all Belgian audio-visual industry stakeholders and of European producers alike.
May 7, 2012 · The Belgian tax shelter. 07/05/2012 - It allows Belgian registered companies investing in the production of European audiovisual works to benefit from a deduction of their taxable income worth 150% of the amount invested, up to 50% of their tax liabilities or 750k euro per year. The Belgian tax shelter was introduced in 2002 in application of ...
Jul 25, 2023 · The Tax Shelter will finance up to 33,7% gross (27.2 % net) of the "eligible production budget of the total qualifying expenses in the EEA," the announcement clarified.
Aug 19, 2022 · Tax Shelter for videogames: power on! Alain Thilmany, Cassandre Guéry & Geoffroy Galéa. 19/08/2022. Locations. Belgium. The European Commission (EC) recently approved the Belgian tax shelter scheme for videogame production. The scheme was already applicable to the production of audio-visual works (since 2003) and the performing arts (since 2017).
Jun 14, 2010 · The tax shelter is a mechanism that allows any company paying taxes in Belgium to invest part of its revenue in audiovisual productions and detract 150% of the amount invested. A consistent part of the production costs has to be invested in Belgium. This has permitted Belgian production companies to increase their number of film productions and ...
Mar 15, 2024 · The Belgian Tax Shelter is an efficient and transparent government-approved tax incentive designed to encourage the production of audiovisual works in Belgium. The system is open to Belgian productions, as well as to qualifying European and international co-productions with Belgium.
