Highlights from the 2009 Ontario Budget - Corporations Tax Information Notice - On March 26, 2009, a number of proposed measures relating to the Taxation Act, 2007 were announced in the 2009 Ontario Budget. The proposals must be passed by the legislature and receive Royal Assent to become law.
Ontario Film and Television Tax Credit Update
Budget Update, September 5, 1996 - In order to support the Ontario film and television industry, the 1996 Ontario Budget introduced a refundable Ontario Film and Television Tax Credit (OFTTC) for eligible Ontario-based productions.
Ontario Film and Television Tax Credit Information Bulletin, November 18, 1997 - On October 29, 1997, the federal government announced the elimination of production services tax shelters and the introduction of an 11 per cent tax credit for foreign-based and non-Canadian-content productions. Ontario automatically parallels the federal elimination of production services tax shelters.
To obtain the most current version of this document, visit ontario.ca/finance and enter 2354 in the find page field at the bottom of the webpage or contact the ministry at 1 866 668-8297 (1 800 263-7776 for teletypewriter).