Production Services Tax Credit

A refundable labour based tax incentive for international projects made in BC.
  • Pamela Kowarsky | Business Analyst - Tax Credits
    Tel: +1 604 730 2232
     
    Jill Reilly | Business Analyst - Tax Credits
    Tel: +1 604 730 2237

     

    Tim Mudd | Business Analyst - Tax Credits
    Tel: +1 604 730 2231

     

    • The PSTC is not subject to any Canadian content requirements. In addition, there is no limit on the PSTC that may be claimed on a particular production and there is no limit that a corporation or group of corporations can claim.

      The program includes four initiatives:

      • Basic
      • Regional
      • Distant Location
      • Digital Animation, Visual Effects and Post-Production (DAVE)

      FOR PRODUCTIONS WITH A PRINCIPAL PHOTOGRAPHY START DATE UP TO SEPTEMBER 30, 2016:

      Tax Credit

      Value

       Basic PSTC 33%
       Regional PSTC 6%
       Distant Location Regional Tax Credit 6%
       Digital Animation, Visual Effects + Post-Production (DAVE) 17.5%

      FOR PRODUCTIONS WITH A PRINCIPAL PHOTOGRAPHY START DATE AFTER SEPTEMBER 30, 2016:

      Tax Credit

      Value

       Basic PSTC 28%
       Regional PSTC 6%
       Distant Location Regional Tax Credit 6%
       Digital Animation, Visual Effects + Post-Production (DAVE) 16%

       


      Tax Credit Changes and Transitional Provisions (READ HERE)

      New Film Tax Credit Rates give Industry Certainty and Protect Taxpayers (READ HERE)

    • The PSTC is a refundable corporate income tax credit. When filing tax returns, your corporation may claim a specified percentage of the labour costs incurred in making a production. The credits are applied to reduce tax payable, and any remaining balance is paid to the corporation. Please note that your production corporation must apply to Creative BC to receive an accreditation certificate for the production. In order to claim the PSTC tax credits, your production corporation must file a corporate income tax return, along with the certificates, with the Canada Revenue Agency.