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Section 481 Tax Incentive!!!!!

  • 03-12-2003 8:12pm
    #1
    Registered Users, Registered Users 2 Posts: 866 ✭✭✭


    Section 481 Tax Incentive for the Film Industry WILL remain in place until 2008.

    Great news for the irish film industry!! thanks to all who signed the petition. there were about 2000 signatures and 8000 letters sent objecting to getting rid of it.
    hoorah for people power!


Comments

  • Closed Accounts Posts: 7,221 ✭✭✭BrianD


    I'm all for the arts being encouraged but I have got to ask ... did this tax break do much for the industry?? You look at the iFTN awards and it is the same faces over and over again!


  • Registered Users, Registered Users 2 Posts: 1,306 ✭✭✭NeMiSiS


    Worked on King Aurthur in Ballymore for the summer and we all had a big meeting about this. Glad to see its remaining,but id say we have still lost out on a good bit of business,from what i remeber of the facts,the tax that its made is ten times less than the actual revenue spent in the country,well for a high budget film.

    Tom


  • Registered Users, Registered Users 2 Posts: 866 ✭✭✭Rockiemalt


    I'm definietly no expert on this but I do know it generates a huge amount of money for the country & creates employment & jobs.
    the website movieextras.ie might be able to give you more accurate information on this!


  • Closed Accounts Posts: 655 ✭✭✭Raggamuffin


    All art is useless? maybe... but certainly you have to start somewhere and somewhere is'nt at the TOP.

    for once i agree with brian. The incentive does nothing for the industry at all because if it was making money and actually self sustaining then we would'nt need a tax break.

    So what if the people get jobs etc. it's doing nothing for film or the arts all it's doing is giving caterers and drivers lots to do.

    Why not let them make nice low budget films without any help maybe that might produce some better irish film.

    Grab a camera, write a script and improvise.

    who needs the "man"...


  • Registered Users, Registered Users 2 Posts: 952 ✭✭✭Fiii


    speaking as a film student i can say that this tax incentive definately DOES and now thank god will help the industry a great deal! and its not just drivers and caterers that will benifit.......i dont know how much u all know on the subject, but basically there are these tax incentives in many countries around the world, it gives the film makers a reason to shoot their films in those particular countries as it saves alot of money and im telling u, they cost a crap load! many films have been shot in ireland as a result of the tax break. if they are incouraged to come here, more people from ireland will be hired on the film therefore creating jobs. without it there really wouldnt be much of an irish film industry. and its all very well telling people to go out there with a camera, but if that was the answer we would all be millionaires by now....it aint that simple.


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  • Closed Accounts Posts: 655 ✭✭✭Raggamuffin


    wow a film student...

    Irish filmmakers actualyl belive what they're doing is worthwhile and meaningful when it's not. It's like the local scenes around the country with music all trying so hard to be serious and worthwhile when , in a laid back society like Ireland, nobody cares.

    I can't remember one good irish film that actually could be considered worthwhile on the international stage. And by the way do you actually think the jobs given to people in ireland during filming are as much as a stable film industry which does'nt repatriate it's profits abroad. I think not.

    After all King Arthur and that Jackie Chan movie are world class affairs. Oh the Devil's Own...

    Oh but lets not forget Intermission with it's all star cast and gritty reality. Maybe they should start making decent representations of irish society instead of trying to mimic other crazy zany movies with the depth of a kiddie pool. Brown sauce in tea BRILLIANT. Colin Farrell as a scum bag GLORIUS ACTING.
    its all very well telling people to go out there with a camera, but if that was the answer we would all be millionaires by now....it aint that simple

    Yes imagine having to actually finance your own ideas and imagination and expand on them. Imagine not making any money form the art of film-making SHOCK. It is'nt very simple but it's not impossible. Have you not seen those rubbish short cuts that the irish film board financed. I mean seriously... why should our taxes pay for rubbish that they could have paid for themselves.

    The only reason these big corporation film in ireland is because of tax breaks and that says it all. If they were already in ireland and providing jobs regularly for like 10 - 15 years it would make sense to ease up on them but they don't come unless the tax breaks entice them. Disney go home i say you make s.hit movies. (king arthur ugh)


  • Registered Users, Registered Users 2 Posts: 952 ✭✭✭Fiii


    actually, i just mentioned that i was a film student to show that i do know what im talking about. why u feel the need to patronise i dont know. you seem awfully bitter about this. what exactly is your problem? you dont like the films, dont watch them!
    not all irish films are serious endervoures to portray old irish lifestyles.
    and as for your commentent on "a stable film industry"........theres no such thing...anywhere in the world. its not like some nine-to-five where you go off to work every morning. and money does actually come into the country after filming.....one of the biggest reasons they come here is because of the tax incentive, yes they have to pay less, but they still have to pay......therefore it is entirely possible for THEIR tax money to be paying for those "rubbish" short cuts you seem so worried about. if you knew what they actually cost you wouldnt be so flippant about people paying for themselves.
    and as for your oh-so-whitty remark about "imagine having to actually finance your own ideas and imagination and expand on them", im doing that at the moment. im paying for it entirely myself so your precious tax money is safe. now you can spend it on berties private jet......so much better for irish economy dont u think?

    noone ever said the tax break was the only reason they come here, but its a big one! we as a country dont have a name for ourselves as a talented film-making country yet as we havent been in the industry that long. more films come here, the more we get noticed and accepted into the loop. why would they come here and pay millions when they can go somewhere else and pay a lot less for the exact same thing?

    just for your info....."This year, Screen Producers Ireland, chaired by Jim Sheridan, produced the most comprehensive report on the industry ever. This is now called the Sheridan Report. This report found that the Kilkenny Report recommendations have being creating growth in the industry of 18% per annum and is on target for delivering 11,000 high value jobs at the end of it execution. It also found that rather than costing the tax payer, it was giving the exchequer an annual return on investment of 300%.".........taken from movieextras.ie


  • Closed Accounts Posts: 91 ✭✭violent*sky


    I can't remember one good irish film that actually could be considered worthwhile on the international stage

    do u honestly mean that??

    > my left foot
    > disco pigs
    > in america
    > song for a raggy boy
    > the magdalene sisters
    > peaches
    > about adam
    > dancing at lughnasa
    > the boxer
    > the general

    the vast majority of these films were relased internationally and all recieved varying degrees of success....

    to be honest man it doesnt sound as if you have the slightest clue what the hell youre going on about...i'd reckon that someone studying film would have a clue about something which affects that particular industry so much....dont fight a fight u cant win!!!!! C


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