Ireland: improvements to film and tv reliefs

Screen Daily reports that Martin Cullen, Ireland’s arts and film minister has confirmed that improvements to Ireland’s Section 481 film and TV tax break are to be introduced as amendments to the country’s 2009 Finance Bill.

The cap on individual investments is to increase to $65,000 (Euros 50,000) per annum (up from the current limit of $41,000 (Euros 31,750), with 100% relief on that investment. The current relief is set at 80%.

--
Related posts:

  1. UK: Film reliefs article
  2. Ireland: extension of IP tax reliefs, with a potential 2.5% tax rate
  3. UK: what is a film?
  4. Ireland: IP tax proposals
  5. Ireland: Finance Bill provisions on capital allowances for intangibles

Tags: , , ,

Leave a comment