All Spend Tax Credit

Description:

The All Spend Film and Video Production Tax Credit is a 30 percent tax credit which will apply to total qualified production costs. 

Comments on Funding:

The 30% tax credit will apply to total qualified production costs with a maximum tax credit of $10 million annually per project.

Eligibility:

Applicants must be film and video producers.

Application Steps:

No specific steps have been identified.

Documentation Needed: 

No specific documentation has been identified.

Other Things to Note:

The film and video industry tax credit is a fully refundable corporate income tax credit administered on behalf of the Department of Finance by the Newfoundland & Labrador Film Development Corporation (NLFDC).