French Music Tax Credits: The CNM Calls for an Extension
Support for musical diversity, the emergence of new talent, and the economic strengthening of companies in the sector: the Centre national de la musique notes that music tax credits have proven their worth and believes it is necessary to quickly secure their future. The Centre national de la musique believes that the three music tax credits have now demonstrated their economic and cultural value. Based on an evaluation published on May 26, the institution… is consequently calling for an early extension of the schemes dedicated to the performing arts (CISV), phonographic production (CIPP), and music publishing (CIEM) “ as early as the 2027 Finance Bill .” Objectives Achieved The evaluation, conducted by the firm Eval-Lab using data from the DGFiP and analyses by the Banque de France, covers the fiscal…