Tuesday, December 18, 2007

Ontario boosts production tax credits.

TORONTO -- The Ontario government has come to the rescue of the beleaguered local film and TV industry, upping tax credits for domestic production to 30% from 20% and for foreign production to 18% from 11%.

That percentage of the labor portion of a production's budget--usually between 70% and 90% of overall cost--will be tax exempt. For domestic productions shooting outside of Toronto, there will continue to be an additional 10% credit.

Foreign productions lensing outside of Toronto will, however, no longer get an extra 3% credit.

Friday, December 7, 2007

The Big Table

Our pals at PriceWaterhouseCoopers looked at digital media and animation incentives in Canada. Yeah team!! And it put the results in THE BIG TABLE. Cool or what!!!!