The Belgian Tax Shelter system

What is it?

The Belgian Tax Shelter is a government-approved efficient and transparent tax incentive designed to encourage the production of audiovisual works in Belgium. The system is open to Belgian productions as well as qualifying international (mainly European) co-productions with Belgium.

It is a win-win-win situation for the three parties involved: the producer is offered a very attractive way to finance projects; the investor obtains tax exemption through a virtually risk-free investment; and the Belgian state benefits from increased economic activity and spend.

What are the system's details?