French government rejects film tax rebate bill after an outcry from the local industry over proposed reductions to production funding . The finance committee of the country’s national assembly originally adopted the bill October 20, proposing reduction in rebate from 30% to 25% for films with production budgets over €7 million and to 20% for films under €7 million from 2026 . Anthony Boulogne, MP for right-wing RN party, reintroduced the amendment citing budgetary responsibility but it was rejected by 176 to 70 votes .
French government rejects film tax rebate bill preserves cornerstone funding for over 200 French-produced films shooting annually. A large majority access this tax credit: more than 80% in 2022, just under 80% in 2021, and nearly 75% in 2020 according to CNC figures based on qualifying criteria including language and locations .
The proposed reduction would have impacted international producers co-producing films with French partners.
French government rejects film tax rebate bill comes amid tough year for French cinema industry. Total admissions are significantly down year on year with the rejection arriving while the tax credit remains in place for now after series of recent blows to financing films in France. Producer Missonnier stated it is definitely not the best time to be lowering the quality and quantity of films produced in France even further .
French government rejects film tax rebate bill follows broader financing bill outcry. The proposal was part of financing bill seeking to reduce public audio-visual funding budget by €71 million, most for France Televisions whose reach extends to feature films, series, and local news production. The rejection protects crucial incentives keeping French cinema competitive against international production hubs.
