BC Production Services Tax Credit - Regional Production Services Tax Credit
The production services tax credit is a refundable corporate income tax credit for accredited production corporations that produce accredited film or video productions in British Columbia (B.C.). The credits are available to both domestic and foreign producers and there is no Canadian content requirement. Value +This credit is equal to 6% of the accredited qualified BC labour expenditure for the production for the tax year, where a minimum of five days and more than 50% of the total principal photography days in British Columbia are done outside of the designated Vancouver area. +The credit is prorated for the number of days of principal photography done in British Columbia outside the designated Vancouver area over the total number of days of principal photography done in British Columbia.
Grant Deadline
2025-04-09
Funding Amount
Deadline not available
Type of Grant
Tax Credit
Sectors
Arts & Culture, Media
Demographics
Incorporation
For Profit
Perks
Region Restriction
This grant is restricted to whole of Canada
Keywords
Age Restriction
This grant is age restricted from 18 to 100
Eligibility and Requirements
To claim these credits, the corporation must meet the following:
- Have a permanent establishment in British Columbia during the tax year
- Throughout the tax year, have primarily carried on a film or video production business or a film or video production services business.
Ineligibility
- The production services tax credit cannot be claimed if the British Columbia film and television tax credit is claimed for that production.
Application Requirements
You can claim the credit(s) by:
- Completing the British Columbia Production Services Tax Credit (T1197) form
- Attaching the accreditation certificate you receive from Creative BC
- Submitting it with your T2 Corporation Income Tax Return
Grant Application website
Contact
Fore more information, please visit the website.