Paragraph 4: Provisions relating to difficult and low-budget cinematographic or audiovisual works

For the application of VII of article 220 sexies of the General Tax Code: 1° For cinematographic works: a) A difficult work is a director’s first or second work; b) A low-budget work is one whose total budget is less than or equal to €1,250,000; 2° For audiovisual works: a) A difficult work is one that is innovative, inaccessible or sensitive, particularly in terms of subject, format, dramaturgy, direction or…