Plans for a number of revisions to the Italian film and TV tax credit have been submitted to the culture ministry after months of uncertainty. Nicola Borrelli, the General Director of Cinema and Audiovisual at the Italian Ministry of Culture, revealed the news at the AVPSummit this morning in south Italy. Borrelli said the submission still includes a 40% tax credit for some Italian movies and TV series, but for projects to qualify for the full rate there will be more stringent rules around eligibility.

These rules will include updates around crew incentives, which could require that an Italian writer or director needs to be attached, while there will be a “minimum limit of expense on the Italian territory,” he said. Filming will need to take place for at least one day in Italy in order to qualify. Related Stories News 'Gomorrah' Prequel In The Spotlight At AVPSummit News DeVon Franklin Details How Creating A Marketing Campaign For 'The Pursuit Of Happyness' Led Him To Faith-Based Movies -- AVPSummit In this way, the Italian government, run by right-wing PM Giorgia Meloni, will claw back some resources while prioritizing Italian productions, Borrelli said.

Culture Minister Gennaro Sangiuliano said back in October that public spending on the tax credit had ballooned from $494M (€423M) in 2019 to $907M (€841M) in 2022, and that it needed reining in. “We have decided to apply the changes not because we want to reduce the amount of money but because we want to avoid the .