Enhancements to the Manitoba Film & Video Production Tax Credit
On April 21, 2004, Manitoba Film & Sound Recording Development Corporation ("Manitoba Film & Sound") announced the following four (4) new enhancements to the Manitoba Film & Video Production Tax Credit ("Manitoba Credit") program:
1. the addition of a five per cent (5%) "Frequent Filming Bonus";
2. the addition of a five per cent (5%) "Rural and Northern Incentive";
3. the extension of the Manitoba Credit legislation to March 31, 2008; and
4. the removal of the restriction that applicant corporations cannot hold or be associated with a corporation that holds a Canadian Radio-television Telecommunications Commission broadcast license.