Pearse Doherty
Ceist:229. Deputy Pearse Doherty asked the Minister for Finance the partial and full-year revenue that would be raised for the Exchequer by standardising the relief relating to investment in film. [31249/14]
Amharc ar fhreagraTuesday, 15 July 2014
Ceisteanna (229)
Freagraí scríofa
I am informed by the Revenue Commissioners that on the basis of claims for investment in film relief for the tax year 2013, the latest full year available, the theoretical maximum yield from standardising the rate of Income Tax relief for investment in film production could be in the region of €35 million. The Deputy should be aware, however, that the current scheme of Income Tax relief for investment in film production is due to end in 2015. The scheme is being replaced by a new scheme of Corporation Tax relief to Film Producer Companies.