Refundable Tax Credit for Show Production

Crédit d’impôt remboursable pour la production de spectacles

Funder

SODEC

Program Type

Production

Deadline

Rolling

Type of Aid

Refundable tax credit

Financial Aid

35% of eligible labour costs, representing no more than 50% of eligible production costs, up to $1.25 million for a musical, $350,000 for a comedy performance or $750,000 for other events

Description

This program enables the production of shows with more ambitious budgets and supports the creation of more diverse and fairly compensated jobs.

Criteria

  • Eligible applicants must operate a production company in Quebec
  • To be eligible for the tax credit, productions must meet the following criteria:
  • The show is a musical, drama, humour, mime/magic, circus, aquatic, or ice performance

  • At least 75% of the amount corresponding to production costs for a show, other than the remuneration dispersed to key personnel, must be dispersed to individuals residing in Quebec at the end of the calendar year preceding the start of work on the production, or to companies with facilities in Quebec during that calendar year

  • The show is produced by a company that has presented at least five public performances of one or more eligible productions or co-productions during the tax year for which the application is being submitted or the 365 days preceding it

  • The production of a show and its operation are controlled by an eligible company

  • The production satisfies Quebec content criteria indicated in the program documentation

  • To be eligible for the tax credit in a given tax year, the applicant company must submit an application to SODEC for a certificate before the end of the tax year and then submit SODEC’s certificate along with its tax return
  • Applications for a certificate must be submitted to SODEC within the 18 months following the tax year that includes the last day of one of the following periods:
  • The period covering preproduction up to the end of the first year following the first public performance

  • The period covering the second year following the first public performance

  • The period covering the third year following the first public performance

Eligible Expenses

  • Production costs, as long as they are considered reasonable and are included in the applicant company’s costs or capital costs of production for a show, from preproduction up to a period of three years following the first public performance
  • Production fees and administrative costs
  • Wages, salaries, or other forms of remuneration directly attributable to production

Supporting Documents

  • Completed SOD@ccès online application form
  • Declaration form for the applicant company
  • Confirmation of mandate for designated applicants
  • A brief description and history of the project
  • Agreement or contracts pertaining to the acquisition of rights necessary to the production and development of a show
  • Contracts for key personnel
  • Declaration of Quebec residency for key personnel
  • Declaration of Quebec residency for authors and composers
  • Co-production agreement, if applicable
  • Financial structure of the project and copies of any agreements pertaining to the financing of production
  • Detailed cost report
  • Theatre rental contracts or sales contracts with a broadcaster
  • A provisional performance schedule
  • A list of at least five public performances of one or more eligible shows produced or coproduced by the company during the tax year or the 365 days preceding it
  • Budget
  • Master file, including:
  • Profile and history of the company

  • A description of activities and accomplishments

  • Copies of the governing documents, certificate of constitution, articles of incorporation, declaration of registration, certificate of amendment and partnership or shareholders agreement (if applicable)

  • Organizational structures for the applicant company and, if applicable, any affiliated companies, including shareholders

  • Curriculum vitae of the applicant company’s executives

  • Financial statements

  • Information on shareholders/directors