Tax & Finance

#52026AS122129EU approval of Ireland’s enhanced VFX tax credit for film and TV production

🇪🇺European Union··Other·Medium Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

This notice confirms that the European Commission has approved Ireland’s enhanced tax credit for visual effects work in film and television production. The measure is part of Ireland’s Film Relief Tax Support Scheme and can run until the end of 2028. The scheme matters for film, video and TV producers working in Ireland, especially projects with visual effects spending. It gives tax support for cultural production, with an annual budget of about EUR 192.2 million, and the Commission raised no objections under EU State aid rules.

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Key Changes

  • Approves Ireland’s enhanced tax credit for visual effects work in film and TV production
  • Confirms the measure can operate until 31 December 2028
  • Sets an annual scheme budget of EUR 192.2 million

Affected Parties

Film, video and television production companies in IrelandVisual effects providers and production teams+1 more…

Tags

state-aid,tax-credit,film-production…
EU approval of Ireland’s enhanced VFX tax credit for film and TV production | Legiseye