Production accounting and tax services

Production Tax Credits

The production industry is unique and has its nuances. For this reason, our team is  comprised of experienced production industry people and corporate tax specialists who have deep knowledge of the issues that pertain to those in the entertainment and media industry.

What we do

We can help throughout the entire process to ensure all concerns are addressed right from the beginning.

Initial structuring

We’ll help you get set up right for the production to maximize the tax incentives and minimize other hidden costs, like withholding taxes. We’ll ensure you’re aware of best practices to minimize your time and help with other tax questions like payroll and Regulation 105 and 102 waivers to the extent non-residents will be involved in the Canadian production.

Maximize tax credits and tax credit applications

We help your team as you need it during production, from full outsourcing of the tax credit services (budget review, maximizing tax credits, accreditation applications) to ad hoc support to ensure your team is aware of current issues.

We’ll assist your team to determine qualification for the tax credits. Our team will review any related agreements to ensure taxes are addressed appropriately.

Prepare tax returns and production audits

We’ll conduct the production review or audit (where required) and promptly complete the tax returns to ensure you get your cash as fast as possible. This process will be smooth and efficient as any issues were already addressed before the production started.

Post production accounting and planning

Our team has in-depth knowledge on the accounting of investment in films and television programs. We deliver best practices in assisting you with your accounting policies through to preparation of your consolidated financial statements – which we know is a challenge for many growing companies. We bring extensive knowledge gained from working with individual producers thru to large media production and distribution companies to ensure you are positioned for growth.

Contact us

Tracey Jennings

Partner, PwC Canada

Tel: +1 416 869 8737

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