Location: Europe 2012 - Ireland
The Irish film industry has been relatively insulated from the country’s drastic austerity program designed to alleviate its national debt crisis. The government sees film, and the audiovisual sector in general, as a vital growth industry to help rescue the economy. The country’s financial woes have reduced the costs of shooting there.The Section 481 tax breaks are been confirmed until at least 2015, allowing film or TV producers to reclaim up to 28% of their costs on the first day of shooting, capped at $65 million of qualifying expenditure in Ireland. Ireland also renewed its involvement in the Euro co-production program Eurimages, and signed a co-prod treaty with Luxembourg. The Irish Film Board’s budget for production and distribution support has been reduced by 14.9% to $17.3 million in 2012, but that’s far less severe than the cuts to other government departments. The IFB has restructured its funds, relaunching the Creative Co-production support for Irish producers to become minority partners in international projects shooting in Ireland.
Studios & facilities
Post & vfx