Frequently Asked Questions about Ontario's Refundable Media Tax Credits


Where do I file an Ontario media tax credit claim?

A corporation needs to file a corporation income tax return, also known as the T2 return, with the Canada Revenue Agency and attach the appropriate schedule(s) and certificate(s) of eligibility required to claim one or more Ontario media tax credit(s).

The mailing address for filing your T2 return and applicable schedules will vary based on where the corporation is located.

List: where to mail your T2 return

You can file your T2 return electronically with the Canada Revenue Agency.

I’m ready to file online

You should direct all enquiries regarding your T2 return and media tax credit claims to your Canada Revenue Agency film services unit.

Contact information for the Canada Revenue Agency film services units


How can I get a certificate of eligibility for a media tax credit?

Before claiming a media tax credit, you need to apply online with the Ontario Media Development Corporation. If you meet the eligibility requirements, they will issue you a certificate of eligibility.

Access the Ontario Media Development Corporation’s online application portal

Call the Ontario Media Development Corporation at 416 314-6858 for more information.


What is a complete claim for corporate tax credit purposes?

A claim is considered to be complete when all of the following documentation are filed with the Canada Revenue Agency:

  • a T2 return that includes a claim for one or more Ontario media tax credits
  • the completed schedule(s) for the applicable Ontario media tax credit(s), and
  • the certificate(s) of eligibility and other required documentation.

For example, if a corporation is claiming the Ontario film and television tax credit and the Canadian film or video production tax credit, both claims will be considered complete once the following forms are filed with the Canada Revenue Agency:

  • the certificate of eligibility issued by the Ontario Media Development Corporation
  • the completed Schedule 556, Ontario Film and Television Tax Credit
  • the Canadian Film or Video Production Certificate (Part A) and, if available at the time of filing the T2 return, the Certificate of Completion (Part B) issued by the Canadian Audio Visual Certification Office (CAVCO)
  • Form T1131, Claiming a Canadian Film or Video Production Tax Credit, and
  • the T2 return.

Note: The Canada Revenue Agency will not begin reviewing and verifying a claim until all the necessary documentation is received for all the Ontario refundable tax credits being claimed.


Can an Ontario media tax credit refund be assigned to a third party?

The Canada Revenue Agency administers Ontario’s media tax credits on behalf of Ontario and does not allow for a tax refund to be assigned to a third party.

The Canada Revenue Agency does, however, allow a corporation to redirect its tax refund less any taxes owing to the mailing address of its choice, for example, a financial institution. The name of the payee on the refund cheque, however, will be that of the eligible corporation filing the claim.

Read on: T2 corporation income tax guide.


Can I get a prepayment of up to 85 per cent for claims filed for the Ontario film and television tax credit and the Ontario production services tax credit?

Media tax credit claimants need to file their T2 return along with the required schedule(s) and certificate(s) of eligibility with the Canada Revenue Agency. The Canada Revenue Agency will not start processing the media tax credit claim until it receives all of the required documentation (such as, certificates of eligibility for all media credits being claimed) and will not issue partial prepayments for the Ontario film and television and Ontario production services tax credits.

The Canada Revenue Agency processes both federal and Ontario claims together and issues one combined refund. The Canada Revenue Agency’s film services unit reviews/audits the Ontario film and television tax credit and the Ontario production services tax credit claims usually within:

  • 60 days of receipt of a completed claim if no audit is conducted, or
  • 120 days of receipt of a completed claim when an audit is performed.

All other refundable tax credits are processed within a reasonable time frame.

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