Netherlands

[NL] One Year Extension of Tax Advantages for Investment in Film

IRIS 2004-2:1/32

Lisanne Steenmeijer

Institute for Information Law (IViR), University of Amsterdam

For the past five years, the Dutch film industry has benefited from the existence of special tax advantages for private investors who financially support films (see IRIS 1997-7: 15). This scheme was due to expire on 1 January 2004, but the government has decided on a one-year extension of the tax advantages. The European Commission has approved this prolongation. The extra costs that are involved in the extension of these film-support measures, are being covered by funds that are left over from 2002 and 2003.