Nova Scotia Changes Film/TV/Digital Tax Credit

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The Nova Scotia government has announced changes, effective December 1, 2010, to its Film Tax Credit and Digital Media Tax Credit:

Residency requirements for both credits were changed so that someone only has to so be a resident in the province during the production period. The total production cap for the Film Industry Tax Credit was also removed.

Please see full article below for more information.

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Published In: Art, Entertainment & Sports Updates, Communications & Media Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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