Canadian Audio-Visual Certification Office (CAVCO)

New Definitions of  “Complete Application”

• Effective January 1, 2006

Modifications to the Income Tax Act and Regulations

Public Notices and Consultations

• Includes proposed “excluded production” definitions

Canada Wordmark Screen Credit

Application Fee

Programs

The Canadian Audio-Visual Certification Office (CAVCO) co-administers two programs with the Canada Revenue Agency (CRA):

1. Canadian Film or Video Production Tax Credit (CPTC)

The objective of the CPTC is to encourage Canadian programming and to develop an active domestic production sector. This fully refundable credit is available at the rate of 25 per cent of the qualified labour expenditure of an eligible production.

2. Film or Video Production Services Tax Credit (PSTC)

The PSTC is designed to enhance Canada as a location of choice for film and video productions employing talented Canadians, as well as strengthen the industry and secure investment. The PSTC is available at a rate of 16 per cent of qualified Canadian labour expenditures.