Contact Us | Sitemap |
Contact Us | Sitemap |

Trade and Invest British Columbia

About B.C.   Advantages   Buy   Trade   Invest   Innovate   Connect  

Tax Credits and Refunds

International Business Activity Tax Refund Program 
(Provincial) 
  • Refund of B.C. corporate tax paid by registered companies on income earned from qualifying international business conducted in British Columbia.
  • Refund of B.C. personal income tax paid by registered employees of companies in the International Business Activity program. In general, the employee must be a non-resident of Canada immediately before entering into a written employment contract with the registered corporation.
  • Eligible companies and employees are required to register in B.C. International Business Activity program.
Film Production Tax Credits (Provincial and Federal)

Provincial

Film Incentive BC (FIBC) Program (Canadian owned and controlled productions with qualifying levels of Canadian Content)

  • Basic FIBC credit (35 per cent of eligible labour costs)
  • Regional FIBC Credit (12.5 per cent prorated labour costs for photography outside of designated Vancouver locations)
  • Distant location FIBC credit (6 per cent) prorated labour costs for principal photography done outside of Lower Mainland, north of Whistler and east of Hope, excluding the Capitol Regional District.
  • Digital Animation or Visual Effects Credit (17.5 per cent of eligible labour costs).

Production Services Tax Credit (PSTC) Program (open to Canadian and foreign producers, and has no Canadian content requirements)

  • Production Services Credit (25 per cent of eligible labour costs).
  • Basic PSTC Credit (33 per cent of eligible labour cost.
  • Regional PSTC Credit (6 per cent prorated labour costs for photography outside of designated Vancouver locations).
  • Additional Distant Location PSTC credit (6 per cent prorated labour costs for principal photography done outside of Lower Mainland, north of Whistler and east of Hope, excluding the Capitol Regional District)
  • Digital Animation or Visual Effects PSTC Credit (17.5 per cent of eligible labour costs)
Venture Capital Tax Credit (Provincial)
  • Thirty per cent refundable tax-credit for individuals and a non-refundable credit to venture capital corporations investing in eligible businesses involved in Clean Tech, Community Ventures or New Media.
Interactive Digital Media Tax Credit (Provincial)
  • 17.5 per cent credit on qualified labour costs
 

Related Documents

B.C. Tax Environment B.C. Business Climate
FOLLOW US

Asia Pacific Business Centre

Robson Square, Suite 288-800 Hornby St.
Vancouver BC
V6Z 2C5

Tel: 1-604-660-9727
Toll free: 1-888-880-ASIA (2742)
Email Us

International Representatives

Copyright Disclaimer Privacy Accessibility Contact Us
* Fields marked with an asterisk (*) are required.
First Name *Last Name *
Email (eg. name@domain.com) *
Confirm Email *
Company Name *Phone number *

Please tell us how we can help you *


Close