Oireachtas Joint and Select Committees

Wednesday, 31 January 2018

Joint Oireachtas Committee on Arts, Heritage, Regional, Rural and Gaeltacht Affairs

Irish Film Industry: Discussion

1:30 pm

Ms Karan O Loughlin:

They could take trainees out from that pool and ensure there is consistency of development for them. Those are things that can be done with little expense and fairly immediately. If there was a level of commitment and co-operation around that I believe we could get to it.

We need to be careful about section 481. There is no doubt that the relief has its faults, such as the lack of transparency, but it is a useful tool for tracking inward investment, which is where a lot of the work comes from. The tax incentives for the UK are more attractive than Ireland's section 481 scheme. We do not know where that business will go with the Brexit scenario when the EU rules will no longer apply for the UK. The UK competes with us for productions. Ireland gets some overflow work from the UK but when it comes to the big productions from Disney or Hollywood or wherever, the UK is further ahead of the game than is Ireland. We probably also need to look at this in terms of future development.

Comments

No comments

Log in or join to post a public comment.