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This site presents translated summaries of information obtained from each funding body’s website. While we strive to ensure that all program information is as accurate and up-to-date as possible, we encourage users to consult each funder’s program documentation in full or to contact a program officer directly with any questions prior to submitting an application.

Interim Financing for Refundable Tax Credit for Show Production

Financement intérimaire du crédit d’impôt remboursable pour la production de spectacles

DESCRIPTION

This program is administered by SODEC in the form of a loan guarantee (in exceptional circumstances, it can also be offered as a direct loan) to cover a maximum of 75% of an expected refundable tax credit. SODEC will guarantee the lender 100% reimbursement of the loan balance as well as 100% of the accumulated interest and the recovery of disbursements, up to 15% of the loan balance on the date the loan is recalled.

CRITERIA

Open to: Production companies

 

  • SODEC provides support to companies that have received a favourable preliminary decision regarding the refundable tax credit for show production
  • This loan guarantee from SODEC cannot at any time be granted for a loan if the lender requires a certificate of deposit as security or any other negotiable value of the same kind
  • Applicant companies must reimburse the lender at the earliest of the following dates:
    • The filing date of the tax return if there is, at that time, a compensation for the tax credit receivable that is made against the tax to be paid
    • The date by which the company is obliged to file its income tax return, if it has not already been filed
    • The date of reception of the notice of assessment taking into account the tax credit(s) to be received during a given fiscal year
    • The date tax credit reimbursement is received by the relevant authorities
    • The thirtieth day preceding the expiry date of the loan guarantee
    • The date by which SODEC must issue a refusal to grant its final certification

EXPENSES

Not applicable

DOCUMENTS

  • Completed SOD@ccès online application form
  • Declaration form for the applicant company For a complete list of required documents please check this link.

Get In Touch With Your Agent

SODEC – Music and Variety

musique.varietes@sodec.gouv.qc.ca

SODEC – Music and Variety

musique.varietes@sodec.gouv.qc.ca

Click the funder’s logo to see the program’s official documentation. Please note that official documentation for some programs is only available in French.