Tax Newsletter 2014/9- Tax allowances
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Tax Newsletter 2014/9- Tax allowances
Tax allowances on support provided to filmmakers and performing arts organisations. This summary provides an overview of the corporate income tax saving opportunities achievable by supporting filmmakers and performing arts organisations.
Since 1 January 2014 – similarly to the support system of popular team sports – paying complementary subsidy became obligatory when supporting filmmakers and performing arts organisations. Compared to previous regulations the amount of tax incentives decreased, nevertheless, it is still a good chance for tax savings for those companies interested in arts.
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