The Tax Shelter system is a tax incentive allowing the Belgian or foreign companies established in Belgium to invest in works intended for cinema or television and to obtain in return tax deductions reducing the taxable profit.
The system is open to Belgian productions as well as qualifying international co-productions with Belgium.
Both Belgian productions and international co-productions can benefit from the tax shelter system. Picoux has been active for years in (inter)national co-productions, such as feature films, shorts and documentaries.
The eligible investor is the resident company or the Belgian establishment of a non-resident company other than:
The investor prefinances the producer’s expenses;
The investment is limited to 50% of the reserved benefits during
the taxable period, with a limit of 750,000 € per taxable
period.