Tax Credit
Ontario Film and Television Tax Credit
The OFTTC is a refundable tax credit based upon eligible Ontario labour expenditures incurred by a qualifying production company with respect to an eligible Ontario production. The OFTTC is generally harmonized with the Canadian Film or Video Production Tax Credit.
- 4.5/5.0
- Ontario. Ontario Creates
- All levels
- Last updated 3 years ago
- English
Description
The OFTTC is a refundable tax credit based upon eligible Ontario labour expenditures incurred by a qualifying production company with respect to an eligible Ontario production. The OFTTC is generally harmonized with the Canadian Film or Video Production Tax Credit.- The OFTTC is generally calculated as 35% of the eligible Ontario labour expenditures incurred by a qualifying production company with respect to an eligible Ontario production