Friday February 21, 2020

Film tax breaks valued at €115m

Investors benefited from tax breaks worth €115 million over the last two years by putting cash into Irish film and television productions.

2nd June, 2012
Steven Soderbergh's Haywire was filmed in Ireland.

Investors benefited from tax breaks worth €115 million over the last two years by putting cash into Irish film and television productions.

The Revenue Commissioners have calculated that the Section 481 tax scheme resulted in lost taxes totalling €66 million in 2010 and €49 million last year.

The tax authority authorised tax breaks for 57 projects last year, one of the highest numbers since the scheme was introduced in the mid-1980s to boost Ireland's film sector and...

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