Cast & Crew Financial Servicesoffers both U.S. and Canadian production incentive management services from setup to audit, as well as production incentive financing.
On November 6, 2017, the Disbursement Authorization and Tax Concession Committee (Committee) signed Resolution 2017-10 which abolishes the constraint that film tax credits granted may be used to offset up to a maximum of twenty-five percent of the income tax liability of the transferee. This exemption from the use limitation is applicable to tax credits issued for incentive applications filed after March 7, 2017.
The Committee has the authority to grant a full or partial waiver of the twenty-five percent Limitation Rule for credits previously issued.
Additionally, the Secretary of Treasury may increase or decrease the annual funding cap throughout the year to respond to the Government's liquidity needs.
