Tax credit for multimedia event or environment productions sponsored outside Quebec

Type
TAX CREDITS
Application Difficulty
HARD
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program is designed for businesses like yours that produce multimedia events or environments for international audiences. By applying, you can receive a refundable tax credit that supports your production costs. This financial boost can help you expand your reach and showcase Quebec's culture globally.

Why Apply?

  • Financial Support: Get a significant portion of your production expenses covered.
  • Global Exposure: Increase your business's visibility on the international stage.
  • Easy Qualification: If your business fits the criteria, the application process is straightforward.

Benefits

  • Refundable Tax Credit: Unlike other financing options, this credit is refundable, meaning you get money back even if you owe no taxes.
  • Boost Your Budget: Use the funds to enhance your production quality and reach new markets.
  • Government Backing: Enjoy the security and reliability of government-supported financing.

Applying for this program can provide the financial support and international exposure your business needs to thrive.

Financing Details

Type of Financing: Refundable Tax Credit

Repayment Term and Interest Rates:

  • This is a refundable tax credit, so there is no repayment term or interest rate.

Eligible Expenses:

  • Costs directly related to the production of multimedia events or environments presented outside of Quebec.
  • Expenses may include:
    • Production costs
    • Technology and equipment used in production
    • Salaries and wages for production staff
    • Marketing and promotional costs for the event

Ineligible Expenses:

  • General administrative expenses not directly tied to the production.
  • Costs incurred outside the scope of the multimedia event or environment.
  • Personal expenses or unrelated business costs.

Fees:

  • There are no fees associated with applying for or receiving this refundable tax credit.

Qualifications

  • Must be a business involved in the production of multimedia events or environments.
  • Must present the multimedia events or environments outside of Quebec.
  • Must use technologies from multimedia and interactivity.
  • Must aim to promote Quebec culture internationally.
  • Must create a user profile on the SOD@ccès portal.
  • Must submit a complete application through the SOD@ccès portal, including all required documents.

  • Disqualifications:

    • Incomplete applications will be systematically declared non-receivable and refused.

Description

This program offers your business a refundable tax credit for producing multimedia events or environments outside of Quebec. This means you can get back a portion of the money you spend on these productions.

Here’s how it benefits you:

  • Financial Support: You can receive a significant amount of money back, which helps reduce your overall production costs.
  • Usage Flexibility: The credit can be used for various production expenses, including technology and interactive elements.
  • Promote Your Business Internationally: By participating, you get to showcase your work on an international stage, opening up new markets and opportunities.

This program is designed to support your business in creating high-quality multimedia productions and expanding your reach beyond Quebec. It’s a valuable opportunity to grow your brand and reduce financial risk.

Program Steps

  1. Create Your Profile on SOD@ccès: If you are a new user, create your profile on the SOD@ccès portal. If you already have an account, log in using your existing credentials.

  2. Choose the Program Number: Select the appropriate program number from the guide for the refundable tax credit application in SOD@ccès.

  3. Prepare Necessary Documentation: Gather and prepare the following documents:

    • Declaration of the eligible company
    • Budget type and breakdown for multimedia environments
    • Budget type and breakdown for multimedia events
    • Identification of shareholders and directors
    • Confirmation of mandate
    • Declaration of residence in Quebec
  4. Complete the Application Form: Fill out the application form available on the SOD@ccès portal. Ensure all sections are completed accurately.

  5. Upload Required Documents: Transfer all the prepared documents to the SOD@ccès portal. Make sure to include every required document to avoid your application being declared incomplete.

  6. Review and Submit: Double-check all the information and documents uploaded. Once verified, submit your application through the SOD@ccès portal.

  7. Await Confirmation: After submission, wait for confirmation from SODEC regarding the receipt and status of your application.

Visit Program Website