Ontario Production Services Tax Credit (OPSTC)
The Ontario Production Services Tax Credit (OPSTC) is a refundable tax credit based upon Ontario qualifying production expenditures (labor, service contracts and tangible property expenditures) incurred by a qualifying corporation with respect to an eligible film or television production.
It can be combined with the federal Film or Video Production Services Tax Credit of 16% of qualified Canadian labor expenditures.
Offered by Ontario Creates
Amount
No specific amount specified
Quick eligibility check
Who can apply
OPSTC Maximum Administration Fee Cap:
The OPSTC maximum administration fee cap will be changed from $10,000 to $15,000 for applications received on and after May 1, 2023. The base rate will remain the same at 0.15% of eligible expenditures.
About the funding
The expenditure would have been an eligible wage expenditure, an eligible service contract
expenditure or an eligible tangible property expenditure if principal photography for the production had commenced in the year the expenditure was incurred.
Eligible expenditures have recently increased to include location fees.
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 Film & Television Tax Credit (OFTTC) | Tax Credit | no fixed amount | Open |
