Federal Court grants trio of productions review of tax credit dismissal

By Ahmad Hathout OTTAWA – A trio of travel vacation productions has been granted a review of a decision by Canadian Heritage to deny them tax credits on the basis that they met an excluded threshold for advertising. The Federal Court ruled last week that the decision by the Heritage minister to deny the tax credits to Filmoptional International was based on the 15 per cent threshold for excluded advertising that was “arbitrary” and ill-defined in the regulations. In its reasons for denial, the minister referenced the same court’s decision in Serdy, which upheld the rejection of tax credits because...