Newfoundland and Labrador Film and Video Industry Tax Credit
Tax credit40% of eligible local labour
A high headline labour rate constrained by a budget-percentage cap, which in practice sets the ceiling for most productions at 25% of total budget.
Eligibility
- Corporation with a Newfoundland and Labrador permanent establishment
- Majority of eligible labour paid to NL residents
- NLFDC certification required
Qualifying spend
- Salaries and wages paid to NL residents
Caps and limits
- Credit limited to 25% of total production budget
- Per-project ceiling of CAD $5M over any 24-month period
Excluded
- Non-resident labour
- Non-labour costs
Minimum spend
No statutory minimum
Stacking
Stacks with the federal CPTC or PSTC.
How to apply
Newfoundland and Labrador Film Development Corporation with the provincial tax authority — Certification before or during production; claimed on the corporate return
Also review NLFDC equity investment and development programs, which stack with the credit.