Rates & additional benefits
30% refundable tax offset on qualifying Australian PDV production expenditure for PDV production starting on or after 1 July 2011.
Production type & commercial eligibility
Commercials not confirmed. Additional commercial conditions are not stated in the source-cited record.
Qualifying expenditure
QAPE relating to post-production, digital and visual-effects work performed in Australia, regardless of where the film is shot.
Labor & residency
Applicant must be an Australian resident company or a foreign resident company with an Australian permanent establishment and ABN.
Application timing
Final certificate from the Minister for the Arts is required; company claims the offset in the tax return for the income year in which Australian PDV QAPE stopped being incurred.
Caps & funding conditions
Not stated in the cited sources. Confirm this requirement with the administering agency.
Audit requirements
Final certification under Division 376 of the ITAA 1997 is required.
Receiving the incentive
Refundable tax offset claimed through the company tax return.
Program dates
- Effective date
- Not stated
- Program end date
- Not stated
A program end date is not necessarily an application deadline.