Film in Toronto

Enhanced film and television tax credits

Enhanced film and television tax credits

The Ontario Media Development Corporation (OMDC) administers several film and television tax credits which save film partners time and money.

Ontario's stackable tax credits

The Ontario Production Services Tax Credit (OPSTC) is a 25% refundable tax credit on Ontario production expenditures (both labour and non-labour costs and including all post-production) for film and television productions produced by foreign or Canadian-controlled corporations. The federal government also offers an additional tax credit of 16% for eligible labour on service productions. The Ontario Computer Animation and Special Effects Tax Credit (OCASE) is a 20% refundable tax credit on Ontario labour expenditures for digital animation and visual effects created in Ontario for film and television productions. For service productions, these two credits add up to:

  • Up to 37% (net incentive) on eligible labour (federal and provincial combined

Plus

  • 25% on your eligible Ontario spend including all post-production

Plus

  • 20% additional for eligible labour on VFX and green screen work that stacks on top of the other credits.

The Ontario Interactive Digital Media Tax Credit (OIDMTC) is a 40% refundable credit for the interactive and gaming sector (35% for development under fee-for-service) on eligible expenditures to develop IDM products in Ontario. This credit is available to Canadian and foreign-controlled corporations.

The Ontario Film & Television Tax Credit (OFTTC) is a 35% refundable credit on Ontario labour for film and television productions by Ontario-based Canadian controlled companies for productions shot in Ontario as well as treaty co-productions. OFFTC also has a 10% regional bonus. The federal government offers an additional 25% credit on labour expenditures for domestic and treaty co-productions. There are NO caps and NO limits on the number of productions supported. The OMDC accepts online tax credit applications.


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