Mathematic Montréal & Paris : Two locations, two incitative tax rebates with their own rules
VFX Projects can be shared and split between the two countries
Mathematic Paris : France
Tax Rebate for International Productions (TRIP) :
You could benefit up to 40% tax rebate. To qualify to the 30% TRIP, your project must :
- spend at least €250K in eligible expenditures (live-action shoots, as well as post-
production expenditures and all VFX-related spend in France are eligible)
- spend more than 50% of the French expenditures on VFX-related works, including post-
production (VFX-related works being addition of characters, visual elements or objects
involved in the action, modification of the rendering of a scene or the camera’s point of
view)
There is a 10% bonus (reaching a total of 40%) to VFX-intensive projects with more than
€2M of VFX-related eligible French expenditure.
More details here : https://www.filmfrance.net/v2/gb/home.cfm
Mathematic Montréal : Canada
QUEBEC offers some of the most advantageous cash rebates available in North America :
- 20 % cash-back on all expenses
- 16 % Labor-based computer-aided special effects and animation & Shooting of scenes in front of a chroma-key screen activities
- The minimum total budget must be $250,000
In Quebec, the tax credit is based on all expenditures and the producer is not required to release the film in Québec.
This tax credit corresponds to 20% of all expenditures, with no prescribed limit, paid to Québec residents or Québec companies.
For digital special effects (VFX) and computer animation, a 16% tax credit enhancement is added, on extended eligible labor. Equally, filming in front of a green screen is included in the credit enhancement.
At the federal level, you get an additional tax incentive of 16%, net of any assistance, of eligible labour expenditures within Canada (CISP).
YOUR TOTAL EFFECTIVE TAX CREDIT COULD REACH UP TO 38.4%.
More details here : http://www.qftc.ca/tax-incentives/information
Contact us for more information.
We also have partners providing specific consulting to establish the perfect deal and imagine a cocktail between both countries. It is adaptable and specific to each contract. We can provide you with a very quick and efficient answer.
contact@mathematicfilm.com