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Funds for film and theatrical creation
Where
Mexico
Mexico
When
2016
2016
Who
Mexican institute of cinematography (imcine) , national institute of fine arts (inba), secretariat of finance and public credit of the federation.
Mexican institute of cinematography (imcine) , national institute of fine arts (inba), secretariat of finance and public credit of the federation.
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Description of the policy/measure
In respect to financial funds and fiscal stimuli from the cultural sector for creative and artistic production sector, fiscal stimuli to national cinema production and distribution are fostered in mexico, based on the provisions of article 189, of the "mexican law on income tax", which states: "a fiscal stimulus will be granted to taxpayers of income tax, consisting on applying a tax credit equivalent to the amount that, in the applicable fiscal year, is provided for investment projects for the national film production or distribution, against the charged income tax of the year in which the credit is determined [...]".through eficine, taxpayers investing in film projects in mexico can obtain a tax credit equivalent to the amount of their investment, against the income tax (isr) in the fiscal year in which the credit is determined; for each project, up to 20 million mexican pesos can be requested for production and up to 4 million pesos for distribution. taxpayers investing in films through eficine can be individuals or legal entities. in the reference period, a high participation rate of companies in sectors as diverse as: power, telecommunications, banks, construction, pharmaceutics, operators of airports, was recorded.the project selection mechanism is done through an inter-agency committee, which is responsible for evaluating and authorizing projects. it is integrated by a representative from conaculta, one from imcine and one from the ministry of finance and public credit (shcp).on the other hand, fiscal stimuli have been fostered in the country for the production and distribution of the national theatre, based on the provisions of article 190, of the "mexican law on tax income", which states: "a fiscal stimulus will be granted to taxpayers of income tax, consisting on applying a tax credit equivalent to the amount that, in the applicable fiscal year, is provided for investment projects for national theater production [...]". in this sense, apear the fiscal stimulus to investment projects for national theater production.
2005 Convention Monitoring Framework Goal(s)
Area(s) of Monitoring
Cultural Domain(s)
Transversal Priority(ies)
Results achieved
Encourage and promote the concept of film projects, achieve the professional growth of artists, adapters scripts , directors and film producers.get projects that could be brought to the film production or staging both its production feasibility and its contribution to the culture of our country.
Financial resources allocated to the policy
From 2012 to 2015, eficine’s inter-agency committee approved 187 projects for production, with a budget of $2,312,689,670.00 mxn, and 57 projects for distribution of films, with a budget of $86,471,800.00 pesos.about fidecine, in the period from 2012 to 2015, 50 feature films were supported, with an investment of $366,686,142.93 mexican pesos and incentives for $23,524,738.53 pesos were awarded to a total of 74 mexican films.foprocine in the reference period, 99 supports of $361, 706,291.17 mxn were awarded.in the same way, the stimulus program for filmmakers, in the period from 2012 to 2015, $21,371,916.64 pesos were awarded for 200 projects between the two support categories: 99 for screenwriting and 101 for project development.finally efiteatro, during the period of this report, 127 projects were supported, with an amount of $189,240,727 pesos.
Evaluation of the policy/measure
From 2012 to 2015, eficine’s inter-agency committee approved 187 projects for production, and 57 projects for distribution of films.about fidecine, in the period from 2012 to 2015, 50 feature films and 74 mexican films were supported.with foprocine in the reference period, were awarded 99 supports.in the same way, the stimulus program for filmmakers, in the period from 2012 to 2015, were awarded for 200 projects between the two support categories: 99 for screenwriting and 101 for project development.finally efiteatro, during the period of this report, 127 projects were supported.