Irish Revenue has issued eBrief No. 160/24 on updated guidance on the Section 481 Film Corporation Tax Credit.
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Revenue eBrief No. 160/24 Section 481 Film Corporation Tax Credit
Tax and Duty Manual Part 15-02-04 'Section 481 Film Corporation Tax Credit' has been updated following the commencement of Finance Act 2022 and Finance (No. 2) Act 2023 amendments extending the operation of the incentive to 31 December 2028 and increasing the expenditure cap to €125m.
It also reflects the cl…