Ontario Film & Television Tax Credit (OFTTC)
The Ontario Film and Television Tax Credit (OFTTC) is a refundable tax credit based on the qualifying labor expenditures incurred by a qualifying production company for eligible Ontario productions.
Offered by Ontario Creates
Amount
no fixed amount
Quick eligibility check
Who can apply
To be completed by all persons receiving a Producer credit on the Production.
Tama and as such am providing/have provided my (Occupation) services as Producer to the Applicant on the Production from to (Commencement date of service) (Completion date of service) I was and will be, at all relevant times, a Canadian as defined in the Citizenship Act (Canada), or a permanent resident within the meaning assigned by the Immigration and Refugee Protection Act.
Iwas ordinarily resident in Ontario on each December 31st of the two years immediately preceding the one in which principal photography of the Production commences/commenced.
I file personal income tax setuens as a resident of Ontario and have done or will do so for the two income tax year(s) immediately preceding the one in which principal photography for the Production commences/commenced.
About the funding
The amount of credit depends on whether the eligible production is a first-time production, a small first-time production, or other than a first-time production.
Funding is 35% of the eligible Ontario labor expenditures for other than first-time productions. An additional 10% of labour expenditures if the production is a regional Ontario production.
For first-time producers there is an enhanced tax credit of 40% on the first $240,000 of qualifying labor expenditure to a maximum of $12,000 and 35% on the balance.
There is a 10% regional bonus on all Ontario labor expenditures incurred for the production for:
Show all funding details
- productions that are shot in Ontario entirely outside of the Greater Toronto Area (GTA), or that have at least five location days in Ontario (or in the case of a television series, the number of location days is at least equal to the number of episodes), and at least 85% of the location days in Ontario are outside the GTA,
- wholly animated productions which create at least 85% of key animation in Ontario outside of the GTA qualify for the regional bonus.
Claimed through the Canada Revenue Agency on your corporate tax return.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Community Food Program Donation Tax Credit for Farmers | Tax Credit | Non-refundable tax credit worth 25% of the fair market value of qualifying agricultural products donated to eligible community food programs | Open |
| Ontario Book Publishing Tax Credit (OBPTC) | Tax Credit | No specific amount specified | Open |
| Ontario Computer Animation and Special Effects Tax Credit (OCASE) | Tax Credit | No specific amount specified | Open |
| Ontario Interactive Digital Media Tax Credit (OIDMTC) | Tax Credit | Refundable tax credit: 40% of Ontario labour costs + M&D costs up to $100k per product (Non-Specified products) | Open |
