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Are estimates to complete costs permitted as a production cost?

April 26, 2017COMPLETE COST costs estimates permitted production

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Are estimates to complete costs permitted as a production cost?

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Estimates to complete costs are not permitted as a production cost. CRA’s Application Policy FAS 2008-02 provides additional information regarding interest expenses in relation to the Canadian Film or Video Production Tax Credit. This policy also applies to the British Columbia FTTC.