Film Relief
Based on Finance Bill 2008, film relief has been extended for another 4 years until 31 December 2012, with the ceiling being increased from €35m to €50m. This is subject to EU approval. These amendments reflect a review on the relief commissioned by the Department of Finance.
The report on the Review of Section 481 Film Relief is available at http://www.finance.gov.ie/documents/publications/reports/taxrelfilmjan08.pdf.