Oireachtas Joint and Select Committees

Wednesday, 5 October 2022

Committee on Budgetary Oversight

Film Sector Tax Credits: Discussion

Mr. John Arkins:

I can answer that because I worked there for 25 years. I was one of the people who went and collected all this equipment. First, the equipment is bought by a production company using a VAT exemption form, so it does not pay any VAT on the goods it is buying. That could be scaffolding, timber, paint, bathroom suites or anything. A tax exemption form is handed in and no tax is paid on it. The production gets all the stuff it needs. I have worked on productions from the likes of "Love/Hate" to "King Arthur". On all these jobs there are props and stuff built. When all this stuff is built, it is accumulated. At the end of the job there is what we call a fire sale. The people who end up buying this stuff are usually the heads of-----

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