The TRIP is selectively granted by the CNC – French National Center for Cinema, TV and the moving image - to the French Production services company. The TRIP amounts up to 20% (30% as of 2016) of the qualifying expenditures incurred in France, and can total a maximum of €20 million (€30 million as of 2016) per project. The projects have to include elements related to the French or European culture, heritage, and territory.
What are the eligible expenses?
The tax rebate amounts to 20%(30% as of 2016) of the following pre-tax expenses:
- Salaries and wages paid to French or EU of writers, actors (up to the minimum set in collective bargaining agreements), direction and production staff (wages and incidentals) including the related social contributions.
- Expenditures incurred to specialized companies for technical goods and services.
- Transportation, travel and catering expenditures
- depreciation expenses.
Who is granted the tax rebate?
The TRIP is selectively granted by the CNC to French Production services company who is in charge in compliance with a contract entered into with a non-French production company, of both supplying the artistic and technical means for making the feature film or TV project concerned, on one hand, and of managing the material operations for its making and monitoring its proper execution, on the other hand.
What are the eligible projects?
The tax rebate can be granted to projects that incur 1 million Euros or 50% of their world budgets in French expenditures and, for a live action work, have at least 5 days of shooting in France. It can total a maximum of € 20 million (30 million as of 2016) by project.
The approved works must include elements related to the French culture, heritage, and territory, accordingly to a cultural test specific to each genre (live action or animation).
Note that live-action works are included in the animation genre provided at least 15% of the shots, or on average one and a half shots per minute, are digitally processed (see long form documentation).
When collect the tax rebate?
The approval gives right to the tax rebate at the end of each fiscal year. If the amount of the tax rebate exceeds the corporate income tax due for this year, the difference will be paid by the French State. It is possible to discount the rebate at a financial institution, under certain conditions provided for by the law.
When is the starting date for considering eligible expenses?
The date when the CNC receives the application file will be the starting date for taking eligible expenses into consideration.
> The Tax Rebate for International productions (TRIP): general description of the system (pdf)
Do not hesitate to contact the CNC for any questions relating to the qualification procedure or the regulatory framework, and Film France to receive information on production, notably for questions concerning shooting and making your project in France.