Announcement of upgrades to Section 481 likely to be withheld until end of month
US president Donald Trump has accused other countries of undermining the US movie industry. Photo: Niall Carson/PA
The Government postponed the announcement of an improvement to Ireland’s film tax incentive this week, following US president Donald Trump’s threat to put a 100pc tariff on movies produced outside America.
Last Sunday, Mr Trump claimed Hollywood is dying a “very fast death” due to other countries offering “all kinds of incentives to draw our filmmakers away”. In a post on Truth Social, he added: “WE WANT MOVIES MADE IN AMERICA, AGAIN!”
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