Film and Television Tax Incentives

Thursday, February 23, 2012

Most business owners from sole proprietors to stakeholders in multimillion dollar corporations recognize that practical and thorough tax planning is critical to a healthy bottom line regardless of the industry.

For example, the film and television production industry is becoming more lucrative for Canadian and foreign production corporations as a result of tax incentives provided by the Canadian federal and provincial governments. These tax incentives are a tremendous advantage as they provide a refundable tax credit system for eligible film and production corporations. Importantly, these tax incentives were designed to refund eligible expenditures to enhance growth, investment and novelty in the Canadian film industry.

Accordingly, this document focuses on the film tax incentives that are available for domestic and foreign corporations that operate out of British Columbia, Canada.

See the entire document here: film.pdf