At a time when California is looking up its tax credits to $750M annually, there’s some serious competition from across the pond, and that’s Ireland.
The An Taoiseach of Ireland/Prime Minister of Ireland Michael Martin was here in Austin, TX on Monday along with Cinetic CEO John Sloss, The Astronaut filmmaker Jess Varley, and Irish producer Tristan Orden Lynch to share the great experience of not only shooting in the country of leas and cliffs, but also the extremely competitive tax credit.
Sloss recently produced the Richard Linklater Berlin premiere, Blue Moon, over in Ireland, in addition to Varley with her SXSW world premiere The Astroanaut, and Lynch with his drama series Mix Tape.
Currently the Irish tax incentive for the screen industries, Section 481, provides a tax credit of up to 32% on eligible Irish expenditures based on 80% of a pic’s budget.
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