The Film or Video Production Services Tax Credit (PSTC), co-administered by the Canadian Audio-Visual Certification Office (CAVCO) and Canada Revenue Agency (CRA), is a corporate tax credit designed to encourage the employment of Canadians in film or video production, or film or video production services.
The Film or Video Production Services Tax Credit (PSTC) is a refundable corporate income tax credit which is calculated as 16% of the qualified Canadian labour expenditures for an accredited production.
Companies can receive a refundable corporate income tax credit for qualified Canadian labour expenditures paid. This includes:
To be eligible for the PSTC, a production corporation must be:
The eligible corporation must also either own the copyright in the accredited production, or have contracted directly with the copyright owner of the production to provide production services for the production.
PSTC is a permanent program which accepts applications on an ongoing basis.
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