Sign Up for the Grant Gazette

5 Grant Gotchas - Header CTA - Hello Bar

Along the top of the site, you will see a "call to action." It's an orange bar.

  • This field is for validation purposes and should be left unchanged.

Alberta Business Grants Ltd.

There is grant money waiting for YOU!

BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

  • Hidden
  • This field is for validation purposes and should be left unchanged.

Computer Animation and Special Effects Tax Credit

none

Value

18% of the qualifying labour expenditures for eligible projects.

Description

Computer Animation and Special Effects Tax Credit is a refundable tax credit equal to 18% of the qualifying labour expenditures for eligible computer animation and special effects activities, incurred by a qualifying corporation in a tax year for an eligible production.

Eligible Applicants

You can get a certificate of eligibility from Ontario Creates. To be eligible for credit, a corporation must meet certain criteria, including all of the following:

  • be a Canadian corporation
  • perform eligible computer animation and special effects activities for the eligible production at a permanent establishment in Ontario for the tax year
  • not be exempt from tax under Part III of the Taxation Act, 2007 (Ontario) for the tax year
  • not be controlled directly or indirectly, at any time in the tax year, in any way, by one or more corporations, all or part of whose taxable income is exempt from tax under section 57 of the Corporations Tax Act (Ontario) or Part III of the Taxation Act, 2007 (Ontario)
  • not be a prescribed labour-sponsored venture capital corporation at any time in the tax year
  • for productions starting after April 23, 2015, receive the Ontario production services tax credit or the Ontario film and television tax credit

Eligible Expenses

Qualifying labour expenditures equal the corporation’s Ontario labour expenditures for the tax year less any assistance reasonably related to these expenditures, other than excluded government assistance.

The Ontario labour expenditures are the sum of the salaries and wages and the remuneration incurred in a tax year that are directly attributable to computer animation and special effects activities performed in Ontario and paid to certain persons or entities, within 60 days of the end of the tax year.

Deadline Date

Ongoing

I’m going to let you in on a secret: You don’t have to waste countless hours or drown in paperwork to win grants

With ABG, you can find the right grants, prepare for your meeting, and write a winning application that will get you the most money, in the least amount of time.

Contact Alberta Business Grants right now.

Download Now! Five Grant Gotchas

There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

  • Hidden
  • This field is for validation purposes and should be left unchanged.