ANNOUNCED AS TEMPORARYNo
Tax or social insurance relief
On 20 December 2011, the European Commission approved the amendment of a tax credit scheme for French films and audiovisual works, initially introduced in 2006.
The changes included a raised annual budget for films from 112.5 to 675 million EUR and for audiovisual works from 40 to 240 million EUR.
Regarding the asssessment of the amendment, the EC states that "The notified amendments do not affect the compatibility analysis of aid made in previous decisions, in particular concerning the general legality principle, cultural criterion, conditions for regionalization and the aid intensity" (own translation). In its initial assessment of the scheme, the Commission did mention though that "The notified support measures are granted to a specific economic sector and only to companies that have the aforementioned characteristics. This selectivity of the measures in question has the consequence that they distort or threaten to distort competition" (own translation).
The amended scheme will apply until 31 December 2017.
A state measure in the GTA database is assessed solely in terms of the extent to which its implementation affects the extent of discrimination against foreign commercial interests. On this metric, the state aid proposed here is discriminatory.
On 2 July 2013, the Commission approved changes to the scheme for the remaining part of the year 2013. However, as these changes did not represent a significant increase, a new measure was not added.
On 30 September 2013, the scheme was again slightly amended (cf. Sources).
On 28 October 2013, the EC allowed amendments for the scheme for the year 2014. As the budget was significantly reduced, this measure is no longer classified as in force. (cf. Related Measures)
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