Manitoba Film & Video Production Tax Credit - Cost-of-Salaries Tax Credit

Overview of the Manitoba Film & Video Production Tax Credit - Cost-of-Salaries Tax Credit program:

The Manitoba Film & Video Production Tax Credit is a tax incentive program designed to support the growth and sustainability of the film and television industry in Manitoba. Administered by Manitoba Film & Music, this program offers refundable tax credits to eligible productions that are produced in the province, encouraging local and international filmmakers to choose Manitoba as their production destination. The tax credit is aimed at reducing production costs and fostering the development of a vibrant media production industry in the region.

Benefits of the Manitoba Film & Video Production Tax Credit - Cost-of-Salaries Tax Credit program:

• This program offers a refundable corporate income tax credit of 45% for the salaries paid to Manitoba employees for the work performed in Manitoba.
• This tax credit can be increased to 50% if the project is co-produced with a Manitoba producer or if the project shoots at least 50% of the Manitoba production days 35km or more from Winnipeg's centre.
• Applicants are able to increase the tax credit to 55% if it is the third film shot within a two-year period.
• All incentives can be combined to increase the tax credit rate to 65%.

Eligibility criteria of the Manitoba Film & Video Production Tax Credit - Cost-of-Salaries Tax Credit program:

• Eligible Production: The production must be a feature film, television program, documentary, or other eligible media project. The production must be intended for commercial release or broadcast.
• Manitoba Residency: At least 25% of the productions eligible labor costs must be paid to Manitoba residents. Higher credits are available for
• Productions that increase the percentage of local hiring.
• Minimum Spending Requirements: The production must meet minimum spending thresholds in Manitoba to qualify for the tax credit.
• Eligible Costs: The tax credit applies to eligible labor costs or, under certain options, to a percentage of total production costs incurred in Manitoba.
• Application Timing: Productions must apply for the tax credit before or during the production phase, and all relevant documentation must be submitted according to the programs guidelines.