The Ontario Production Services Tax Credit (OPSTC) is a refundable tax credit for qualified Ontario labour expenditures incurred by a domestic or foreign-based film and television production corporation with respect to an eligible production that is not claimed for purposes of the Ontario Film and Television Tax Credit (OFTTC).
How much is the tax credit?
The Ontario Production Services Tax Credit rate on qualifying labour expenditures is:
- 25% from January 1, 2008 to December 31, 2009
- 18% from January 1, 2005 to December 31, 2007
- 11% prior to January 1, 2005
How do I apply?
A corporation is required to submit with its Ontario corporations tax return a Certificate of Eligibility from the Ontario Media Development Corporation (OMDC).
Enter the total amount of the credit on Line 199 of the tax return.
