Saskatchewan Ends Film & TV Tax Credit

The Saskatchewan government has announced that it is eliminating the Saskatchewan Film Employment Tax Credit Program.  From the CBC news report:

Finance Minister Ken Krawetz announced Wednesday that the province can’t afford the film employment tax credit and so the program will be wound down.

The subsidy provides a tax credit of up to 55 per cent of the labour costs in film and video productions.

Sitcoms like Corner Gas and TV movies like Prairie Giant: The Tommy Douglas Story, were among the Saskatchewan productions made with the help of the program.

Tax credit incentive programs remain in flux in a variety of jurisdictions: as Saskatchewan winds down its program, many US states are re-assessing the advisability of their existing programs (Despite Budget Crunch, the Great Film Production Incentives Race Continues) and the UK has just announced the creation of a new targeted television tax credit.

Bob Tarantino

About Bob Tarantino

Bob Tarantino is Counsel at Dentons Canada LLP and focuses his practice on the interface between the entertainment industries and intellectual property law, with an emphasis on film and television production, financing, licensing, distribution, and IP acquisition and protection. His clients range from artists and independent producers to Canadian distributors and foreign studios and financiers at every stage of the creative process, from development to delivery and exploitation.

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