Tomavision offers co-production opportunities and service work under one of the World’s most powerful TAX Incentive Scheme for Animation
Tomavision, state-of-the-art studio, offers extraordinary co-production opportunities and service work with an excellent tax rebate on expenditures. Thanks to the Canary Islands’ unbeatable TAX Incentives Program put forward by the Regional Government, under Article 36.1, Tomavision is fully prepared to assist you in taking full advantage of these resources.
Currently, we are co-producing animated TV Series under this TAX Incentive, and we would love to help you out on your productions!
40% Tax Rebate on production expenditures of minimum 200.000 euros
[NEW] Recently, the Canary Islands Government has approved tax law reforms, which improve this tax rebate!
We offer you the opportunity of taking advantage of this tax incentive, that requires teaming up with us and local expenditure of at least 200.000 euros.
The amount of the 40% tax break is deducted from the corporate income tax, once the production service is completed. Our expert knowledge is at your service!
45-40% Tax Credit Per Investment
If you invest in Spanish productions made in the Canary Islands with Tomavision as a co-producer, you will be able to obtain deduction percentages, which are 45% for the first million Euros and 40% from the second million.
The deduction base consists on the total cost of production, including the cost of making copies and publicity and promotion expenses.