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BC book publishing tax credit
Refundable tax credit for B.C. book publishers
Last Update: June 5, 2026
Funding available
Up to 90% of project cost
Timeline
- Receipt of requests is now closed
Location
British Columbia, Canada
Overview
Companies get a refundable credit of up to 90% of the base amount of Support for Publishers contributions received in the tax year. Budget 2026 proposes to remove the credit’s expiration date, subject to legislative approval.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Launch or market a product/service
Eligible Funding
- Up to 90% of project cost
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Information and cultural industries
Location
- British Columbia
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Official resources
Eligibility
Who is eligible?
- Canadian-controlled book publishing corporations.
- Corporations carrying on business primarily in British Columbia.
Who is not eligible
- Companies exempt from tax under section 27 of the Income Tax Act.
- Companies controlled directly or indirectly by persons exempt under section 27 of the Income Tax Act or Part I of the Income Tax Act (Canada).
Eligible expenses
The book publishing tax credit supports the activities of Canadian-controlled book publishing corporations operating primarily in British Columbia. These activities are directly related to the business of book publishing and include the following:
- Offering books for retail sale.
- Entering into contractual agreements with authors or copyright holders.
- Assuming financial risks associated with the production and marketing of books.
Ineligible Costs and Activities
- Supplementary Support for Publishers amounts are not included in the base amount.
Eligible geographic areas
- British Columbia
How to apply
- Step 1: File the T2 Corporation Income Tax Return
- Claim the credit when filing the return.
- Step 2: Complete Schedule 5
- Enter the base amount of Support for Publishers contributions on line 886.
- Enter the credit amount on line 665.
- Step 3: Respect the claim deadline
- File the claim no later than 18 months after the end of the tax year.
Additional information
Book publishing tax credit provides financial support to Canadian-controlled book publishing corporations in B.C. adhering to specific eligibility criteria.
- The credit is available until April 1, 2026.
- Claim must be filed within 18 months of receiving Support for Publishers contributions.
- Deadline extension for claims required between March 13, 2020 and December 30, 2020 until December 31, 2020.
- The credit must first be applied against total income tax payable.
- No carry-back or carry-forward provisions for the tax credit.
Contacts
Frequently Asked Questions about the BC book publishing tax credit Program
What is the BC book publishing tax credit?
Companies get a refundable credit of up to 90% of the base amount of Support for Publishers contributions received in the tax year. Budget 2026 proposes to remove the credit’s expiration date, subject to legislative approval.
How much funding can be received?
BC book publishing tax credit Funds up to 90% of admissible expenses.
Who is eligible for the BC book publishing tax credit program?
To be eligible for the BC book publishing tax credit program, you must:
Canadian-controlled corporation in B.C.
Book publishing as principal business.
Base Support for Publishers amount received.
Who can I contact for more information about the BC book publishing tax credit?
You can contact Government of British Columbia (BC) by email at itbtaxquestions@gov.bc.ca or by phone at 1-866-317-0473.
Where is the BC book publishing tax credit available?
The BC book publishing tax credit program is available the province of British Columbia.
Is the BC book publishing tax credit a grant, loan, or tax credit?
BC book publishing tax credit is a Tax Credits
Who are the financial supporters of the BC book publishing tax credit?
BC book publishing tax credit is funded by Government of British Columbia (BC), BC Ministry of Finance, Canada Revenue Agency (CRA)