Lights! Cameras! Savings!

Posted by on Oct 9, 2012 in News | 0 comments

Toronto has welcomed international film and television production as early as the 1950s, and quickly came to be known as Hollywood North due to the number productions that take place in and around the city. This has had many financial, social, and cultural benefits for the residents of Ontario.

What does this mean for you?

The province has a vested interest in the success of the local film and television industry, which brings millions of dollars in revenue each year. To encourage the growth of private studios and production houses of all sizes, we are helping film and television producers take advantage of the tax incentives available from the provincial government.

Who is eligible?

A Canadian corporation which is Canadian-controlled, has a permanent establishment in Ontario, and files an Ontario corporate tax return. In addition, the producer of the production must have been an Ontario resident for tax purposes at the end of both of the two calendar years prior to commencement of principal photography.

How can we help?

The film and television tax credit program can pay thousands of dollars for productions in Ontario. Sovereign Consulting helps companies find ways to put their hard earned money back in their pockets. We have access to funding and tax credit programs available to the film and television industry!

If you or someone you know is interested in these and other financial incentives, call 416-746-9044 or email us today!