Dáil Éireann Debate, Tuesday - 23 January 2024
201. Deputy Richard Boyd Barrett asked the Minister for Finance what input his Department and the Revenue Commissioners will have in the film industry stakeholders' forum planned for early 2024, given their involvement in the film sector through Section 481; and if he will make a statement on the matter. [2403/24]
View answerThe Committee on Budgetary Oversight Report on Section 481 – Film Tax Credit (May 2023) recommended that the Department of Tourism, Culture, Arts, Gaeltacht, Sport and Media (DTCAGSM) and the Department of Finance convene a stakeholder forum as a priority to discuss inter alia maximising the benefits of section 481 Taxes Consolidation Act (TCA) 1997 for all concerned stakeholders.
Officials in the DTCAGSM are leading the work on this recommendation and the forum is scheduled to take place on the 8th of February. As the Department of Finance also has responsibility for policy matters in respect of section 481 TCA 1997, officials from my Department will be in attendance. Revenue officials will also attend and will be available to provide any insights from the administration of the film tax credit should this be required.
