European Commission Approves Amended French Tax Credit for Foreign Film and Audiovisual Works Production

The European Commission has approved amendments to the French tax credit for expenses related to the production of foreign film and audiovisual works in France, through an Authorisation for State aid published in the Official Journal of the European Union on 29 July 2026. The tax credit rate is equal to 30% of eligible French production expenses (increased to 40% for live-action fiction projects spending over EUR 2 million on visual effects), capped at EUR 30 million per project. To qualify,…