When you film on Vancouver Island, you can take advantage of attractive tax credit schemes from both Federal and Provincial Governments.
Brief Overview of the Film Incentive BC Program (FIBC)
- 28% of qualified BC labour expenditures – basic PSTC tax credit (35% domestic)
- Plus 6% of qualified BC labour expenditures – regional tax credit (12.5% domestic)
- Plus 6% of qualified BC labour expenditures – distant regional tax credit
- Plus 17.5% tax credit for digital animation or visual effects when you post in BC
Other Programs include:
Digital Animation or Visual Effects Tax Credit (DAVE)
Canadian Audio-Visual Certification Office (CAVCO)
Plus 16% of Canadian Labour Costs
The Canadian Federal Government’s Film or Video Production Services Tax Credit (PSTC) is primarily for foreign production and is 16% of Canadian labour costs.
For more information on Canadian federal tax credits click here.
Phone: 888-433-2200 or 613-946-7600