ANNOUNCED AS TEMPORARYNo
Tax or social insurance relief
On 28 October 2013, the European Commission approved the amendment of a tax credit scheme for French films and audiovisual works, initially introduced in 2006, for the year 2014.
The changes included a reduced annual budget for films from 675 to 210 million EUR and for audiovisual works from 240 to 110 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).
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 19 November 2014, the Commission approved the extension for the years 2015 to 2017. The annual tax credit budget for films was increased by 6 million EUR to 216 million EUR. As this does not represent a significant change, no new measure was created but instead this one prolonged.
On 29 September 2015, the EC significantly increased the scheme (cf. Related Measures). Hence, this measure is no longer classified as implemented.
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