Refundable Tax Credit for the Production of Multimedia Events or Environments to be Presented Outside of Quebec

Crédit d’impôt remboursable pour la production d’événements ou d’environnements multimédias présentés à l’extérieur du Québec

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

Description

This program supports the productions of companies employing interactive multimedia technologies so that Quebec can distinguish itself on an international stage. It aims to promote Quebec culture outside of the province and engage with new markets.

Criteria

  • Eligible applicants must operate a production company in Quebec
  • Eligible productions must meet the following criteria:
  • The multimedia event or environment offers an educational or cultural experience and is presented for entertainment rather than promotional purposes

  • For a multimedia event, it is reasonable to expect exhibitions in venues outside of Quebec in the period of three years following its first public presentation
  • For a multimedia environment, it is produced as part of a contract for the development and production of a multimedia environment that will be presented outside of Quebec

  • At least 75% of the amount corresponding to production costs, 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 beginning of work on the production or to companies with facilities in Quebec during that calendar year

  • The multimedia event or environment must score a minimum of five points in the points system pertaining to creative personnel included in 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 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 date of the first public presentation of a multimedia event or environment outside of Quebec

Eligible Expenses

  • Wages, salaries, or other forms of remuneration directly attributable to the realization of the production and related to services rendered in Quebec by an eligible employee
  • Production costs, as long as they are considered reasonable and are included in the applicant company’s costs or capital costs of production for an event or for an asset acquired for the production of the event
  • Production fees and administrative costs

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
  • Agreements or contracts pertaining to the realization of the multimedia event or environment
  • Contracts for key personnel
  • Declaration of Quebec residency for key personnel
  • Co-production agreement, if applicable
  • Financial structure of the project and copies of any financing agreements
  • Detailed cost report
  • 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
  • Multimedia environment budget or multimedia event 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