'PRODUCTION SERVICES' Tax Credits

  • Stable, reliable & financeable through CFC
  • 100% refundable - no brokering required

'PRODUCTION SERVICES' Tax Credits

  • No annual funding caps
  • No caps per Production
  • No salary caps
  • No sunset clauses or expiry dates

'PRODUCTION SERVICES' Tax Credits

  • No 'minimum spend in Canada' test
  • No Canadian filming/shooting days required
    -Both 'Post-Production-only'&'VFX-only' costs are eligible

'PRODUCTION SERVICES' Tax Credits

  • No Canadian 'cultural' tests
  • Non-Canadian entity can hold copyright

Canadian Content tax credits

  • Stable, reliable and bankable
  • 100% refundable - no brokering required

 British Columbia has announced the following changes to in its Film & TV Tax credit programs: 
 
  • Production Services (PSTC) Tax Credit is being reduced from 33% to 28 % of qualifying BC labour.

  • Digital Animation & Visual Effects (DAVE) Tax Credit is being reduced from 17.5 % to 16 % of qualifying BC DAVE labour.
 
Along with the new tax credit rates, BC’s Minister of Finance, Mike de Jong ‎also announced rules which would allow certain Productions to be grandfathered under the higher tax credit rates. 
 
Grandfathering of certain ‘Live Action’ Productions (this applies to Productions for which there is live action filming in British Columbia) 
 
  • If principal photography for the Production has commenced prior to October 1, 2016, then the 33 % PSTC rate and the 17.5 % DAVE tax credit rate will apply. 
[Note: In the case of a series, if the first episode has commenced filming prior to October 1, 2016, then the entire season will be grandfathered at the higher tax credit rates]. 

  • If principal photography for the Production commences on or after Oct 1, 2016, then the 28 % PSTC rate and the 16 % DAVE tax credit rate will apply. 
 
Digital Animation or Visual Effects-only Projects (this applies to Productions for which there is no live action filming in British Columbia, however, there is digital animation and/or visual effects spend in British Columbia). 
 
  • If principal photography for the Production has commenced (anywhere in the world) prior to October 1, 2016, then the 33 % PSTC rate and the 17.5 % DAVE tax credit rate will apply. 
[Note: In the case of a series, if the first episode has commenced filming prior to October 1, 2016, then the entire season will be grandfathered at the higher tax credit rates]. 
 
  • If principal photography for the Production commences (anywhere in the world) on or after Oct 1, 2016, then the 28 % PSTC rate and the 16 % DAVE tax credit rate will apply. 

The BC Ministry of Finance news release can be accessed by following this link: https://news.gov.bc.ca/releases/2016FIN0016-000699
Posted: 5/3/2016 1:06:52 PM by | with 0 comments
 The Inside Out film festival runs from May 26 to June 5, 2016, and both Entertainment Partners and Canada Film Capital are very proud and excited to be sponsoring this event for the 21st year.

Inside Out exists to challenge attitudes and change lives through the promotion, production and exhibition of films made by and about the LGBT community of all ages, races and abilities.  Get your tickets now!  Early bird pricing ends on May 5, 2016.

For more information please visit: http://www.insideout.ca/ 
 
Posted: 5/2/2016 4:38:05 PM by | with 0 comments
Entertainment Partners and Canada Film Capital are once again sponsoring the WGC Screenwriting Awards.   This event, honors the achievements of Canadian screenwriters and the scripts they’ve written.

On May 2nd 2016, the Writer’s Guild of Canada’s Screenwriting Awards will take place and this year they are celebrating their 20th anniversary!  Tickets are on sale now.  For more details please visit here
 
Posted: 4/26/2016 12:40:46 PM by | with 0 comments
Cheryl Nex and David Carter will be attending the Cannes Film Festival Thursday, May 12th through Monday, May 16th.  

EP Canada and CFC will be hosting a table at the Plage Royale, along with UK affiliate, Sargent Disc and US affiliate, Entertainment Partners.

To set up a meeting with David and/or Cheryl, please email them at dcarter@canadafilmcapital.com or cnex@epcanada.com.

For more information on the Cannes Film Festival please visit: http://www.festival-cannes.com/en/festival.html#

For more information on the Plage Royale please visit: www.plageroyale.com

Posted: 4/21/2016 1:19:39 PM by | with 0 comments
The Academy of Canadian Cinema & Television (“ACCT”) has appointed a new Chief Executive Officer.  Beth Janson joins the ACCT bringing an impressive wealth of experiences working with the Tribeca Film Institute, Newport International Film Festival and HBO.  Beth Janson will assume this post on June 1, 2016. 
 
For more information please click here.
 
Posted: 4/15/2016 4:58:01 PM by | with 0 comments