Film or Video Production Services Tax Credit
Labour tax credit for film or video production in Canada
At a glance
Eligible Funding
- No Condition
Timeline
- Open Date : November 14, 2019
Financing Type
Wage Subsidies And Interns
Eligible Industries
- Information and cultural industries
Grant Providers
- Canadian Heritage
- Government of Canada
Status
Open
Overview
Tax credit of 16% on salaries and wages paid to Canadian residents working on a film or video production in Canada.
Eligibility criteria
To be eligible for the Film or Video Production Services Tax Credit (PSTC), a production corporation must meet the following criteria:
- Be a taxable Canadian corporation or a foreign-owned corporation.
- Engage primarily (more than 50%) in the activities of a film or video production business or a film or video production services business through a permanent establishment in Canada.
- Be the owner of the copyright in the accredited production during the production period in Canada or have a direct contract with the copyright owner to provide services for the production.
Who is eligible
- Taxable Canadian corporation
- Foreign-owned corporation
How to apply
To apply for the Film or Video Production Services Tax Credit (PSTC) grant, follow these steps:
1. Read the application guidelines in their entirety.
2. Create a CAVCO Online account.
3. Complete the Official Designee form (if applicable).
4. Fill out the online application with the required information/documentation:
- Corporate documentation (Name and contact information of copyright owners, official designee information).
- Financial information (Budget or top-sheet, total Canadian expenditures).
- Production details (Synopsis, production type, target market, production format, number of shooting days in Canada, primary location of shooting).
- Chain-of-title documents (Ownership history, percentage of ownership of each copyright holder).
- Episode titles, if requested by a program officer.
5. Pay the application fee.
Please note: CAVCO Personnel Numbers and the Electronic Screen Credit are NOT required for the PSTC program.
Additional information
- Applicants must ensure they meet all eligibility criteria before applying for the Film or Video Production Services Tax Credit.
- All required documentation and information must be submitted accurately and in a timely manner.
- The processing time for applications is 120 business days, with a performance target of 85%.
- Applicants can contact the Canadian Audio-Visual Certification Office for assistance during the application process.
- The PSTC program does not require CAVCO Personnel Numbers or Electronic Screen Credit for application.
- Application guidelines, forms, and fees should be reviewed thoroughly before submitting an application.
- Applicants need to have a CAVCO Online account to apply for the tax credit.
Apply to this program
