Arts and Culture
Due to their narrow market segment, cultural businesses in Québec must rely on government support. Enterprises belonging to the cultural sector stand apart from entities of other industries primarily because they have access to a variety of financing options. That is why we make available to our clients in this area an entire team of specialists who are familiar with the rules related to financing, tax credits and other forms of government assistance.
From the outset, the Firm has developed a niche market in the sectors having to do with movie, television and new media production, as well as traditional and digital editing. Our expertise is recognized both as regards taxation and financial reporting, in keeping with industry-specific standards. Among our clients are a large number of producers of films, documentaries and television series whose works have an impact on Québec’s cultural scene and whose influence can be felt the world over.
The FBBL Approach
Our team of experts provides taxation and accounting know-how adapted to constantly changing areas of television and film production, and editing. Through our foundation, we are also involved in the cultural milieu as members on boards and committees of non-profit organizations (the Cinéma libre distribution company, Académie québécoise du théâtre, Compagnie musicale La Nef, and so on). We have our finger firmly on the pulse of industry issues in this manner.
Thanks to our in-depth understanding of the market, we are able to provide our clients with strategic consulting and expert testimony in litigation cases.
- Certification of production cost reports
- Estimates of tax credits for financing purposes
- Determination and claims for tax credits
- Representation vis-à-vis the tax authorities in disputes
- Consultation services to maximize tax credits
- Development and presentation of training courses for producers
- Strategic coaching and drafting of business plans