Cinecittà touts Italian tax credits to Hollywood

Apr 01, 2015 793

CEO Giuseppe Basso and Cristina Giubbetti, sales manager international productions, were touting key changes that among other things allow Cinecittà Studios to act as an Italian production service company.

The change means the 78-year-old Rome institution has shifted its position to not only provide a range of studio amenities and advisory services but can now pay and process local expenses and guarantee rapid reimbursement. Revisions to the national 25% tax credit also set up a Euro 10m cap per production company – no longer per project.

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