Cost of film industry tax credits up 125 per cent

Incentive is worth €73.5 million to 12 claimants

29th July, 2018
Domhnall Gleeson and Saoirse Ronan on the set of Brooklyn

The cost of tax credits for the largest players in the film industry increased by more than 125 per cent in the five-year period to 2015, new figures reveal.

The cost of tax breaks for the top 12 claimants was €73.5 million in 2015, the last year before the incentive was restructured. The top 12 claimants in 2011 cost just €25 million.

The tax break, known as section 481, provides generous incentives for the film and TV production sector. In 2015,...

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