Interim Financing for Refundable Tax Credit for Show Production

Financement intérimaire du crédit d’impôt remboursable pour la production de spectacles



Program Type




Type of Aid

Loan guarantee

Financial Aid

75% of anticipated tax credit (must represent a sum greater than $10,000)


This program is administered by SODEC in the form of a loan guarantee (in exceptional circumstances, it can also be offered as a direct loan) to cover a maximum of 75% of an expected refundable tax credit. SODEC will guarantee the lender 100% reimbursement of the loan balance as well as 100% of the accumulated interest and the recovery of disbursements, up to 15% of the loan balance on the date the loan is recalled.


  • SODEC provides support to companies that have received a favourable preliminary decision regarding the refundable tax credit for show production
  • This loan guarantee from SODEC cannot at any time be granted for a loan if the lender requires a certificate of deposit as security or any other negotiable value of the same kind
  • Applicant companies must reimburse the lender at the earliest of the following dates:
  • Six months after the date of SODEC’s notification of disbursement, if the sound recording is not already complete

  • The filing date of the tax return if there is, at that time, a compensation for the tax credit receivable that is made against the tax to be paid

  • The date by which the company is obliged to file its income tax return, if it has not already been filed

  • The date of reception of the notice of assessment taking into account the tax credit(s) to be received during a given fiscal year

  • The date tax credit reimbursement is received by the relevant authorities

  • The thirtieth day preceding the expiry date of the loan guarantee

  • The date by which SODEC must issue a refusal to grant its final certification

Eligible Expenses

  • Not applicable

Supporting Documents

  • Completed SOD@ccès online application form
  • Declaration form for the applicant company
  • Personal balance sheet
  • 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