Canadian Film or Video Production Tax Credit (CPTC)

• The applicant must be a corporation primarily engaged in Canadian film or video production.
• The corporation must maintain a permanent establishment in Canada for the entire year.
• The corporation must not be tax-exempt at any time during the year.
• The corporation must not be controlled by one or more tax-exempt persons at any time during the year.
• The production must be certified by the Canadian Audio-Visual Certification Office as a Canadian film or video production.

Who is eligible?

• Canadian corporations engaged primarily in film or video production

Who is not eligible

• Corporations that are tax-exempt at any time during the year.
• Corporations controlled by one or more tax-exempt persons at any time during the year.
• Corporations that are not primarily engaged in the Canadian film or video production business with a permanent establishment in Canada throughout the year.

Eligible expenses

• Qualified labour expenditures related to film or video production activities (up to 60% of production costs, net of assistance).

Eligible geographic areas

• Corporations with a permanent establishment anywhere in Canada.

There are evaluation and selection criteria for this grant. The eligibility criteria include:

• Production must be considered Canadian according to the Canadian Audio-Visual Certification Office
• Minimum Canadian content requirements must be met
• Production costs must meet certain thresholds
• Completion and delivery deadlines must be adhered to

• There is no maximum limit on the amount of tax credit that can be received for a production.
• A separate claim (Form T1131) must be completed for each accredited production, but for television series, a single form is allowed for episodes certified as a series.
• All related documentation, including CAVCO certificates, must be retained for at least six years.
• Respond promptly to any CRA requests for additional information to avoid processing delays.