Service Standard & Processing Time Creative BC’s service standard for processing applications to the Film Incentive BC (FIBC) and the Production Services Tax Credit (PSTC) programs is 120 days from the date a complete application is received, 90% of the...
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B.C. Budget and Fiscal Plan 2020 – Updates to Motion Picture Tax Credit Programs
With the recent announcement of B.C.’s Budget & Fiscal Plan 2020, one new and two previous announcements should be noted by applicants to B.C. motion picture tax credit programs:
- New: Effective for taxation years beginning after February 18, 2020, the deadline to file a claim with CRA for the Film Incentive BC and the Production Services Tax Credit programs is reduced to 18 months.
- Previously Announced: Effective July 1, 2020, pre-certification notification has been introduced for corporations intending to claim the production services tax credit.
- Previously Announced: Effective February 19, 2020, the accreditation certificate fee for the production services tax credit is increased. Previously announced on January 24, 2020
For details, please visit the Tax Credit Program pages on our website. Thank you for your ongoing collaboration, the Creative BC team looks forward to enhancing our services.
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