Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.
Principal Issues: When does the 24 month time period referred to in paragraph a) of draft Regulation 9300 commence?
PositionS: On the first day that principal filming or taping begins.
Reasons: Our reading of the legislation and confirmation of position with CAVCO.
XXXXXXXXXX 990101
Allan Nelson
(613) 443-7253
Attention: XXXXXXXXXX
July 23, 1999
Dear Sir(s):
Re: Film or Video Production Services Tax Credit
We are writing in response to your facsimile of January 14, 1999, wherein you asked for clarification of the meaning of the phrase “24 months after the time that the principal filming or taping of the production began”, which is found in paragraph (a) of draft section 9300 of the Regulations to the Income Tax Act.
In your example principal filming of a production commenced on Day 1 and lasted for one week, concluding on Day 7. You have asked how the period that ends 24 months after the time that the principal filming or taping of the production began would be determined. That is, would the relevant period be 24 months from Day 1 of principal filming, or 24 months form the conclusion of Day 7 of principal filming?
It is our view that in the above example, the relevant 24 month period would commence on Day 1 of principal filming, not after Day 7.
In accordance with paragraph 22 of Information Circular 70-6R3, the above comment is only an expression of opinion, and as such should not be construed as an advance income tax ruling, nor is it binding on the Department.
Yours truly,
Acting Manager
Partnerships Section
Resources, Partnerships and
Trusts Division
Income Tax Rulings and
Interpretations Directorate
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