Audrey Azoulay, Minister of Culture and Communication, welcomes the exceptional results of the reform of the film and audiovisual tax credits that came into force in 2016 and implemented by the Centre national du cinéma et de l'image animée.
The relocation of French and foreign productions to France has increased theSpending in our territory of more than 40%, or nearly €500 million more (€1760 million in total) and the number of filming days of 11%. This volume of activity corresponds to the creation of 15,000 intermittent jobs.
The relocation rate of fiction feature shoots fell to 22%the lowest level observed since this indicator was monitored. The number of weeks of filming abroad has dropped almost by half between 2015 and 2016 (-46%).
These results show that when the tax rules are balanced, the French know-how, the excellence of our technicians, our creators and the wealth of our territories make a difference and our country to become one of the most attractive lands of cinema and audiovisual creation in the world. They are the fruit of the Government’s committed and proactive policy of supporting creation.
This device makes it possible to economically support the vitality of creation in France. It is economically virtuous because it creates wealth and tax revenues. According to a study by Ernst & Young in 2014, a €1 film tax credit brings in nearly €3 in tax and social revenues and a €1 audiovisual tax credit brings in nearly €4 in tax and social revenues.
In terms of cinema:
- The national tax credit resulted in a level of spending in France of €782 million, up €211 million compared to 2015 and a volume of filming days of 4,500 days, up 403 days. It has made it possible to relocate iconic shootings, such as Albert Dupontel’s "Au revoir là-haut", Etienne Comar’s "Django", Liza Azuelos' "Dalida", and Luc Besson’s "Valerian and the City of a Thousand Planets".
- The international tax credit resulted in a level of spending in France of €92 million, up €59 million compared to 2015 and a volume of filming days of 291 days, up 23 days. It has allowed to host in France the realization of large-scale international productions such as «Dunkirk» by Christopher Nolan or «Moi, moche et méchant 3» by Pierre Coffin and Chris Renaud.
In audiovisual matters:
- The national tax credit resulted in a level of expenditure in France of €826 million, up €180 million compared to 2015 and a volume of 942 hours of programmes produced, up 172 hours compared to 2015. It has made it possible to locate in France the shooting of emblematic series, notably «The Witnesses» (season 2) created by Marc Herpoux and Hervé Hadmar and «Versailles» (season 2) created by Simon Mirren and David Wolstencroft.
- The international tax credit resulted in a level of spending in France of €152 million, up €95 million compared to 2015 and a volume of filming days of 815 days, up 339 days. It has allowed to host in France all or part of the production of international series, including «The Affair» created by Sarah Treem and Hagai Levi or «Twin Peaks» by David Lynch.