Tax Rebate for International production (TRIP)

TRIP-eligible productions are fiction or animation films that are partly or wholly made in France.

The CNC, in collaboration with Film France, issues approvals to executive production companies wishing to benefit from the tax credit. A committee of experts selects the works on the basis of a scale of points assessing their link with French culture, heritage and territory. Film France is a French agency responsible for promoting and facilitating film and audiovisual shoots in France. It acts as an intermediary between production companies and the various local authorities, offering specialist support for all stages of the production process.

The tax credit for expenditure on executive production of cinematographic and audiovisual works is intended for cinematographic and audiovisual production companies that act as executive production companies. To qualify for this tax credit, these companies must be subject to corporation tax and comply with current social legislation.

Only companies that are subject to corporation tax, either automatically or by option, are eligible for the tax credit. However, certain companies that are temporarily or partially exempt from corporation tax are also eligible.

To qualify for the tax credit, productions must meet certain conditions, in particular they must not be eligible for financial aid from the CNC and they must reach a minimum threshold of eligible expenditure, €250,000 or 50% of the budget for films with a budget of less than €500,000.

The Tax Rebate for International Productions represents 30% of eligible film expenditure incurred in France, with a maximum ceiling of €30 million.

Since 1 January 2020, a bonus rate of 40% has been applied to feature films with significant visual effects, where French expenditure on digital visual effects exceeds €2 million. High visual effects feature films are those that include at least 15% digitally processed shots.

Eligible expenditure includes the salaries and wages of French and European authors, performers and staff, as well as expenditure relating to the technical industries, transport, accommodation, catering and depreciation. Performers' salaries are taken into account within the limits of collective agreements, and expenditure on transport, accommodation and catering is subject to a ceiling.