The Ontario Film and Television Tax Credit is available for Ontario film and television productions. It lowers your tax payable which may result in a refund. It is generally harmonized with the Canadian Film or Video Production Tax Credit. This credit is calculated as a percentage of qualifying Ontario labour costs.
Tax credit rate
- 15% prior to May 6, 1997
- 20% from May 7, 1997 to December 31, 2004
- 30% from January 1, 2005 to December 31, 2007
- 35% from January 1, 2008 to December 31, 2009
Regional bonus
- Receive a 10% regional bonus for filming outside the Greater Toronto Area, starting May 3, 2000.
First time producers
- Receive an enhanced rate of 40% on the first $240,000 from January 1, 2005 to December 31, 2009.
Does my production qualify?
To qualify, your corporation
- must be a qualifying production company, and
- the individual producer must have been an Ontario resident for tax purposes at the end of both of the two calendar years before principal photography started.
How do we apply?
- Attach a Certificate of Eligibility from the Ontario Media Development Corporation to your corporation's Ontario Corporations Tax Return.
- Enter the total amount of the credit on Line 193 of the tax return.
Learn more
Visit the Ontario Media Development Corporation website for more information.
