Jillybill
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Jillybill said:Perfect, thank you! I'll have to print that out and read it at home, because I find myself at a loss for the most basic info, and I never knew that was on the website!
Canadian Minimum Show Value is a term used in the Canadian film and television industry to refer to the minimum amount of money that a production company must spend on eligible expenses in order to qualify for tax credits and funding from government agencies.
The Canadian Minimum Show Value is calculated by taking the total amount of eligible expenses incurred by the production company and multiplying it by a designated percentage set by the Canadian Audio-Visual Certification Office (CAVCO).
Eligible expenses for Canadian Minimum Show Value include costs related to labor, goods and services, and post-production activities that are incurred in Canada and directly related to the production of a film or television show.
Canadian Minimum Show Value is important because it determines whether a production company is eligible for tax credits and funding from government agencies. This can greatly impact the financial success of a film or television production.
Yes, there is a minimum amount of Canadian Minimum Show Value required for every production, which is set by CAVCO. This minimum amount can vary depending on the type of production and the province in which it is being filmed.