Six corporate tax credits which support the production of films, television programming, animation, music recordings, books and interactive digital content by eligible Ontario producers.
The Canada Revenue Agency (CRA) administers the program on behalf of Ontario through the federal income tax system.
|1||Ontario Cultural Media Tax Credits||226,238,700||230,238,700||(4,000,000)||239,238,740|
|TOTAL OPERATING EXPENSE TO BE VOTED||226,238,700||230,238,700||(4,000,000)||239,238,740|
|Total Operating Expense||226,238,700||230,238,700||(4,000,000)||239,238,740|
|STANDARD ACCOUNT BY ITEM AND SUB-ITEMS|
|3808-1||Ontario Cultural Media Tax Credits|
|Ontario Book Publishing Tax Credit*||2,762,500|
|Ontario Computer Animation and Special Effects Tax Credit*||14,984,300|
|Ontario Film and Television Tax Credit*||105,000,000|
|Ontario Interactive Digital Media Tax Credit*||13,707,200|
|Ontario Production Services Tax Credit*||89,000,000|
|Ontario Sound Recording Tax Credit*||784,700||226,238,700|
|Total Operating Expense to be Voted||226,238,700|
|Total Operating Expense for Ontario Cultural Media Tax Credits||226,238,700|
* Subject to the enactment of the Schedule 66 of the proposed Strong Action for Ontario Act (Budget Measures), 2012.