2013년 11월 26일 화요일

About 'debt to equity vs debt to capital'|... Announce Coordinated Actions To Provide Liquidity Support To The Global Financial System … A Failure Of Sovereign Debt And The World Financial System Is Imminent







About 'debt to equity vs debt to capital'|... Announce Coordinated Actions To Provide Liquidity Support To The Global Financial System … A Failure Of Sovereign Debt And The World Financial System Is Imminent








If               they               are               offering,               why               aren't               you               taking?

That's               what               we               ask               clients               when               they               bring               us               questions               on               film               tax               credits,               how               the               Canada               film               tax               credit               system               works,               and               ,               most               importantly,               how               can               they               get               their               share!

You               can               call               it               of               course               anything               you               want,               an               incentive,               a               non               repayable               grant/credit,               but               the               bottom               line               is               that               Canada               has               proven               itself               very               serious               in               the               introduction               of               very               healthy               tax               credits               that               are               non               repayable               and               can               form               a               significant               part               of               your               overall               film,               tv               and               animation               credit               financing               strategy               .
               Ours               is               not               to               question               why...

but               its               pretty               clear               Canada               is               serious               about               stimulating               and               growing               the               Film,               video               and               animation               industries.

The               latter,               animation               is               slowly               gaining               more               traction               everyday.

Naturally               job               creation               and               tax               and               revenue               generation               from               these               projects               is               probably               high               on               the               list               of               '               why'               for               the               government,               but               again,               we               want               our               clients               to               take               advantage               of               the               program,               not               to               debate               it!
               The               credits               themselves               come               out               of               the               government's               tax               policy               and               while               they               used               to               be               viewed               as               cumbersome               the               process               has               been               significantly               streamlined               over               the               years,               and               the               overall               generosity               of               the               program               has               continually               been               increased.
               The               tax               credit               is               clearly               a               financial               incentive,               but               at               the               end               of               the               day               we               find               out               clients               aren't               viewing               it               as               much               as               an               incentive               as               in               fact               a               key               part               of               their               overall               financing               strategy.

It's               necessary               to               step               back               and               understand               the               key               components               of               a               project               financing               and               why               film               tax               credits               have               clearly               gone               straight               to               the               top               of               the               pile               as               a               '               must               have               '               relative               to               your               overall               project               financing               .
               Depending               on               where               you               shoot,               product,               or               post               produce               your               project               the               credits               can               be               anywhere               from               25-               45%               as               a               general               range.

(It               varies               by               project               and               by               genre               of               project               -               i.e.

Film               vs.

animation,               etc).
               The               Canada               film               tax               credit               provides               you               with               a               certificate               which               is               then               monetized               by               the               government               in               the               form               of               a               non               repayable               cheque.

Naturally               in               a               perfect               world               you               would               arrange               your               debt               and               equity               financing               for               your               project,               calculate               your               tax               credit               on               the               project               and               then               consider               yourself               fully               financed.

The               tax               credit               cheque               would               come               from               Ottawa               after               you               have               filed               for               it               along               with               the               tax               filings               you               have               submitted               for               the               specific               legal               entity               project.
               But,               alas,               it's               not               a               perfect               world               apparently,               and               boy               could               your               independent               project               utilize               those               funds               sooner               rather               than               later.

That's               where               film               tax               credits,               when               financed,               can               bring               valuable               cash               flow               and               working               capital               to               your               project.

When               properly               financed               with               the               right               partner               finance               firm               your               credits               can               greatly               assist               in               the               cash               flowing               of               your               project,               providing               valuable               working               capital               during               production.

We               read               one               article               recently               that               referred               to               your               overall               project               financing               as               a               '               toolkit               '               with               a               number               of               potential               financing               tools               inside.

Clearly               the               Canadian               film               tax               credit               is               one               of               those               tools!
               The               logistics               around               the               financing               of               your               tax               credit               can               be               as               simple               or               as               complicated               as               you               make               them.

Our               clients               choose               simple,               so               they               surround               themselves               with               a               good               media               accountant               and               legal               advisor,               they               have               a               finance               budget               and               strategy               in               place,               and               they               borrow               against               that               eligible               tax               credit.

With               the               right               team               around               you,               you               can               specifically               identify               exactly               how               much               you               will               receive               and               what               amount               can               be               financed.
               So               ,               bottom               line,               call               it               a               subsidy,               call               it               a               grant,               call               it               a               tax               credit,               call               it               anything               you               want,               but               utilize               the               Canada               film               tax               credit               as               a               key               role               in               your               independent               film,               tv               or               animation               strategy               .

Speak               to               a               trusted,               credible,               and,               oh               yes,               experienced               Canadian               business               financing               advisor               who               can               assist               you               to               prepare               and               monetize               your               claim.






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