Thursday, June 10, 2010

Tax Credit - CANADA, New Brunswick

http://www.nbfilm.ca/home/intro.asp
The Government of New Brunswick has recently introduced changes to the New Brunswick Film Tax Credit. Currently, a tax credit is calculated as 40% of wages and salaries paid to New Brunswick personnel working on a film or television production shot within the Province. Effective January 1, 2010, an additional “regional” bonus of 10% of eligible labour costs became available for approved productions that take place 50 kilometres from Moncton, Fredericton or Saint John. The Department of Wellness, Culture and Sport is responsible for determining eligibility requirements, including the potential 10% regional bonus, and will verify all amounts claimed to qualify for the tax credit.
Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget!

No comments:

Post a Comment