The Section 481 tax scheme for film and television has undergone a massive transformation in recent years, moving from a scheme that allowed thousands of individual tax break investors to benefit to a tax credit model for production. The new system caused significant issues, with film industry groups claiming last year that delays in issuing new guidelines had a “devastating” impact on the parts of the Irish sector. However, new briefing notes prepared by the Revenue Commissioners, which administers the scheme, also reveals legacy issues relating to the old model. The notes show that Revenue has been forced to administer…
Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators. Members of The Currency get full access to over 4,000 exclusive interviews, investigations, and analysis, plus over 460 podcasts. Annual membership is just €200 for the first year, a saving of €100. Or try The Currency for the first month for a special introductory rate of €5, a saving of €20. Cancel at any time. To become a member today click here.
Join The Currency
INTRODUCTORY OFFER: Full annual membership for just €200.