Section 125.5

Subsection 125.5(1) - Definitions

Eligible production corporation

Administrative Policy

10 November 2014 Internal T.I. 2014-0532801I7 - film or video production services tax credit

two separate tests

In agreeing that the two branches of the "eligible production corporation" test are distinct, the Directorate stated:

whether the production corporation provides services in respect of an accredited corporation, or whether it contracts directly with the copyright owner, is not relevant to the first branch of the test (i.e.,…the "primarily business" test). These facts are relevant in the second branch of the test (i.e., … the copyright ownership test) or the definition of "accredited production" in subsection 125.5(1)… .

Subsection 125.5(3) - Tax credit


John Mill, "Canadian Film Tax Incentives: Casting Call for U.S. Runaways", Tax Notes International, 14 March 2005, p. 1007.