Ontario Sound Recording Tax Credit
You may be eligible for a refundable tax credit to cover 20% of qualifying production costs for your Canadian sound recordings or music videos.
You can apply if your business:
- Is a Canadian-controlled corporation
- Has operated in Ontario for at least 12 months
- Earned more than 50% of its taxable income in Ontario for the preceding tax year
- Implemented a distribution plan for at least one recording in the preceding tax year
Other conditions apply.
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