Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Subdivision 376 - B tells you about the different tax offsets available for films, who can get each offset and what conditions must be met to get each offset. It also tells you how to work out the amount of each offset.
(2) Subdivision 376 - C explains what is meant by:
(a) production expenditure on a film; and
(b) qualifying Australian production expenditure on a film.
It also contains some rules for quantifying expenditure.
(3) Subdivision 376 - D deals with a number of administrative matters:
(a) applying for a certificate for a film; and
(b) the issue and revocation of a certificate for a film; and
(c) the making of rules by the Arts Minister (including rules for the establishment of the Film Certification Advisory Board) and the film authority; and
(d) review of decisions of the Arts Minister and the film authority; and
(e) amendment of assessments following the revocation of a certificate for a film.
Table of sections
Refundable tax offset for Australian expenditure in making a film (location offset)
376 - 10 Film production company entitled to refundable tax offset for Australian expenditure in making a film (location offset)
376 - 15 Amount of the location offset
376 - 20 Minister must issue certificate for a film for the location offset
376 - 25 Meaning of documentary
376 - 27 Minimum training expenditure requirement
376 - 28 Minimum training expenditure exemption--permanent film infrastructure
376 - 29 Minimum training expenditure exemption--training programs
376 - 30 Minister to determine a company's qualifying Australian production expenditure for the location offset
376 - 32 Minister may require information
Refundable tax offset for post, digital and visual effects production for a film (PDV offset)
376 - 35 Film production company entitled to refundable tax offset for post, digital and visual effects production for a film (PDV offset)
376 - 40 Amount of the PDV offset
376 - 45 Minister must issue certificate for a film for the PDV offset
376 - 50 Minister to determine a company's qualifying Australian production expenditure for the PDV offset
Refundable tax offset for Australian expenditure in making an Australian film (producer offset)
376 - 55 Film production company entitled to refundable tax offset for Australian expenditure in making an Australian film (producer offset)
376 - 60 Amount of the producer offset
376 - 65 Film authority must issue certificate for an Australian film for the producer offset
376 - 70 Determination of content of film
376 - 75 Film authority to determine a company's qualifying Australian production expenditure for the producer offset