According to the latest data provided by the Revenue Commissioners, films starring Cillian Murphy and Jamie Dornan were among the main winners under the tax incentive program for the film and television production sector in Ireland, known as Section 481. In 2023, the value of tax incentives paid out amounted to €129.5 million, a slight increase compared to €127.2 million in 2022.
The biggest beneficiary of the program last year was the Netflix series “Valhalla.” The production, also referred to as “Vikings,” received a tax incentive ranging from €10-30 million for the production of the third season of the Viking drama, which was filmed in County Wicklow. Another project that received a significant tax incentive ranging from €5-10 million was the series “The Tourist,” starring Jamie Dornan.
Audiences will also be able to enjoy the film “Small Things Like These,” which is an adaptation of Claire Keegan’s bestselling novel. The production, with Cillian Murphy in the lead role, received a tax incentive ranging from €2-5 million. Set in an Irish town during Christmas of 1985, the film, featuring Ciaran Hinds and Emily Watson, will have its world premiere at the 74th Berlin International Film Festival next month.
Among other projects that received tax incentives was the film “Borderline,” starring Jamie Dornan. In this gripping thriller, Dornan portrays an IRA member sent to London in the 1970s. The production took place in various locations, including Dundalk, where certain parts of the film were shot.
The year 2023 was also successful for other film productions. Among them were “Eva the Owlet” and “Lu and the Bally Bunch,” both awarded tax incentives ranging from €2-5 million. There were also well-known productions such as “Cocaine Bear” and the second season of the crime drama “Kin.”
Ireland maintains its position as a popular filming location, and the Section 481 tax incentive program is an important factor in attracting international film crews to the country. With these financial measures, the film industry in Ireland can be expected to continue thriving and delivering high-quality productions to audiences worldwide.
FAQ
1. What is the tax incentive program for the film and television production sector in Ireland called?
The tax incentive program for the film and television production sector in Ireland is called Section 481.
2. What was the value of tax incentives paid out in 2023?
In 2023, the value of tax incentives paid out amounted to €129.5 million.
3. Which films and series received significant tax incentives?
The Netflix series “Valhalla” received a tax incentive for the production of its third season, and the series “The Tourist,” starring Jamie Dornan, also received a significant tax incentive. The film “Small Things Like These” featuring Cillian Murphy in the lead role also received a tax incentive.
4. Where were the films and series that received tax incentives filmed?
The third season of the series “Valhalla” was filmed in County Wicklow. The film “Small Things Like These” was set in an Irish town during Christmas of 1985. Certain parts of the film “Borderline” were filmed in Dundalk.
5. What role does the Section 481 tax incentive program play in attracting international film crews to Ireland?
The Section 481 tax incentive program is an important factor in attracting international film crews to Ireland. With these financial measures, the film industry in Ireland continues to develop and deliver high-quality productions to audiences worldwide.
Definitions:
– Section 481: A tax incentive program for the film and television production sector in Ireland.
– Tax incentive: A financial measure in the form of a tax exemption or reduction aimed at supporting specific projects or industries.
Links:
– Revenue Commissioners [insert appropriate link]
The source of the article is from the blog mgz.com.tw