Film or Video Production Services Tax Credit
No fixed amount
Tax Credit
Description:
The Film or Video Production Services Tax Credit (PSTC) provides eligible production corporations with a tax credit at a rate of 16 per cent of the qualified Canadian labour expenditures incurred in respect of an accredited production.
Co-administered by the Canadian Audio-Visual Certification Office and the Canada Revenue Agency, the PSTC is designed to enhance Canada as a location of choice for film and video productions employing Canadians, as well as to strengthen the industry and secure investment.
Comments on Funding:
Continuous Intake
Eligibility:
Applicants must be:
1. a taxable Canadian corporation or a foreign-owned corporation;
2. engaged primarily (more than 50%), through a permanent establishment in Canada, in the activities of a film or video production business, or a film or video production services business; and
3. the owner of the copyright in the accredited production, throughout the period during which the production is produced in Canada (or have contracted directly with the copyright owner of the production, to provide services for the production).
Application Steps:
Applicants must:
1. Read the application guidelines in their entirety;
2. Create a CAVCO Online account;
3. Complete the Official Designee form (if applicable);
4. Complete the online application, which requires the following information / documentation:
5. Pay the application fee.
Documentation Needed:
Applicants must submit:
1. Corporate documentation (Name and contact information of copyright owners, official designee information);
2. Financial information (Budget or top-sheet, total Canadian expenditures);
3. Production details (Synopsis, production type, target market, production format, number of shooting days in Canada, primary location of shooting);
4. Chain-of-title documents (Ownership history, percentage of ownership of each copyright holder);
5. Episode titles, if requested by a program officer;
Other Things to Note:
About the author
Maurice
