
Film Incentive BC Tax Credit
- Open continuously
Overview
Canadian-controlled production companies can get a tax credit, starting at 35%, for labour costs incurred in British Columbia during film, television, digital animation and visual effects production.
At a glance
Funding available
- Increase performance through digital transformation
- Develop workforce skills
- Varies by project
- Open continuously
Eligible candidates
- Information and cultural industries
- British Columbia
- For-profit business
- All revenue ranges
- All organization sizes
- Canadians
Next Steps
Activities funded
The Film Incentive BC Tax Credit supports Canadian production companies by providing refundable tax credits for eligible BC labour costs. This program encourages the production of film, television, digital animation, and visual effects in British Columbia.
- Production of live-action films with specific principal photography start dates.
- Production of digital animation beginning on or after specified key animation dates.
- Post-production activities, including visual effects, under the DAVE tax credit initiative.
- Scriptwriting and film training projects that meet eligibility criteria based on expenditure dates.
Eligibility
Who is eligible?
The Film Incentive BC (FIBC) tax credit is available to Canadian-owned and controlled production corporations that have a permanent establishment in British Columbia. Eligible productions include film, television, digital animation, and visual effects projects that meet the certification requirements set by Creative BC. Only productions that have their principal photography start date aligned with the specified timeframes and criteria in the FIBC program guidelines are eligible to apply. Additionally, these corporations must have Canadian-controlled status and be involved in eligible productions where a significant portion of labour costs are incurred in B.C. for activities such as scriptwriting, animation, post-production, training, and filming.Eligible expenses
This grant supports Canadian controlled production companies engaged in film, television, digital animation, and visual effects production in British Columbia. The program provides financial incentives to encourage various eligible activities within these sectors.
- Film production, including live-action and animated films.
- Television production, including series and one-time features.
- Digital Animation, Visual Effects and Post-Production (DAVE) projects.
- Screenwriting and Scriptwriting endeavors.
- Film training initiatives aimed at developing local talent.
Eligible geographic areas
This grant is available to Canadian owned and controlled production corporations with a permanent establishment in British Columbia. The eligible location ensures the promotion of the local film industry.
- Canadian production corporations with a permanent establishment in British Columbia.
Additional information
Here are additional relevant details for this grant:
- It is recommended to apply early for tax credit certificates, ideally at the pre-production stage or no later than 12 months from the beginning of principal photography to ensure eligibility and processing.
- Completion certificate applications should be submitted at least six months before the corporate income tax filing deadline to avoid losing tax credits.
- Budget 2024 amends the Regional and Distant Location tax credits to exclude animated productions beginning on or after June 1, 2024.
- The FIBC program may require up to four months to process applications, emphasizing the importance of timely submission.
- Productions must be Canadian-owned and controlled with a permanent establishment in British Columbia to qualify for the tax credits.
- This program offers multiple tax credits with varying percentages for different types of productions, including live-action and animated, depending on specific eligibility.