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‘‘I am not feeling challenged enough at work’, ‘Work isn’t fun anymore, ‘I want to do so much outside of work!’ If not every day, I’ve certainly heard one of these protests from my ‘millennial.
29 Apr 2021 : Nathan Griffin Ardmore Studios and Troy Studios CEO Elaine Geraghty Troy Studios and Ardmore Studios CEO Elaine Geraghty believes that the upper limit of 70 million on the Irish Section 481 tax incentive is acting as a barrier to Ireland securing large-scale international productions.
This comes following the publication of a new PwC Report, commissioned by Ardmore Studios and Troy Studios, which highlights how the Section 481 tax credit underpins the success of the screen sector.
The report reveals how Film, TV and Animation productions supported by the Section 481 tax credit scheme delivered over €469 million in total economic contribution to Ireland in 2019. This figure is estimated to represent a return on investment of €3.80 for every €1.
Introduction
Conventional fundraising and governance has undergone a sea
change over the past many decades. Starting from 1960s, REITs
gained prominence as the vehicle to provide access to an otherwise
illiquid market – real estate. With time, the wisdom of the
crowds in the financial world manifested with the emergence of
crowdfunding, which was not limited to real estate but could be
used to funnel funds for activities as diverse as raising donations
or financing a yet-to-be developed project. Not only did this
transform the entrepreneurial landscape, it also provided access to
such ideas/projects which were otherwise only available to the