Ireland’s 32% tax credit for film and television has enjoyed steady government support since 1994 and is now recognized as one of the world’s most attractive film tax incentives. This stability has made it a cornerstone of the international film production industry, providing several key benefits:
- A substantial portion (90%) of financing can be disbursed upfront upon closing the production’s financing, enhancing cash flow and reducing the need for gap financing.
- Expenses related to cast, director, producers and crew from abroad upon their arrival in Ireland are eligible.
- Goods and services are considered eligible expenses.
- There is a high project cap of €125 million, making it suitable for large-scale productions.