Tax reliefs pledged to woo Bollywood to Ireland

CHANGES to film-making tax incentives have been promised to overseas filmmakers by Arts Minister John O’Donoghue, who wants Bollywood producers to make movies in Ireland for Indian audiences.

Mr O’Donoghue said other countries had copied Section 481 of the Finance Act, which gives up to €15 million in tax allowances to investors who fund major productions in Ireland.

“Other countries have been very innovative in the way they had made tax relief available and we have to see if we can match them,” Mr O’Donoghue said.