Together with Som AV, we are launching a new market that connects cooperative investors with cultural cooperative organisations, with the aim of strengthening cooperative culture through a financing model that is aligned with the values of the Social and Solidarity Economy (SSE).
This mechanism is based on article 39.1.7 of the Spanish Corporate Tax Law, which regulates the transfer of tax deductions to taxpayers who participate in financing audiovisual production and live performing arts.
In this way, investor companies can deduct part of their Corporate Tax while contributing to the financing of audiovisual productions promoted by other cooperatives.
To present this mechanism, an information session took place on 23 May at Bloc4BCN, where the three audiovisual projects eligible for investment were showcased:
- Flor del cel by Clack Audiovisual
- Rosine by Quepo
- ARNAL! by Bitlab Cultural
This initiative is driven by Seira and Som Audiovisual. Som Audiovisual is a second-tier cooperative formed by the worker cooperatives Bit Lab, Quepo, Clack Audiovisual, the Sant Feliu Film Office Association, and the Platoniq Foundation. It is a growing and open network in the audiovisual sector, united to address common needs and generate more and better opportunities for cooperative audiovisual production.
For more information: [email protected]
