- Laws of Fiji

Last Updated: 1 August 2023

[IT 21,245A] Approved local production company entitled to tax rebate70A

70A

An approved local production company is entitled to a tax rebate for an income year in respect of a television commercial if—

(a)the television commercial was completed in the income year;
(b)Film Fiji, with the concurrence of the Minister, has issued a certificate to the approved local production company for the television commercial under regulation 70D;
(c)the approved local production company claims (which are irrevocable) the rebate in its income tax return for the income year;
(d)the approved local production company is a Fijian resident;
(e)the approved local production company is not—
- (i)the holder of a broadcast licence in television or radio in Fiji and it is not associated with any company or individual with substantial holdings in a broadcast licence in Fiji; or
- (ii)a theatrical exhibitor in Fiji and it is not associated with any company or individual with substantial holdings in a theatre or group of theatres in Fiji;
(f)the approved local production company is able to release and have the television commercial distributed for the production in at least one significant international market to the satisfaction of the Minister responsible for Film Fiji;
(g)the Minister responsible for Film Fiji is satisfied that the approved local production company will—
- (i)engage the services of Fijian citizens in the production of television commercials; and
- (ii)utilise technicians, students and technical aid facilities at the film-making school at the Fiji National University or any other specified local institution;
(h)the approved local production company engages an audio-visual agent for the production of television commercials; and
(i)the approved local production company allows Film Fiji to use the television commercial for promotional purposes.