Overview

FIBC is a labour based tax credit available to Canadian owned and controlled production corporations that have a permanent establishment in BC.

FIBC provides refundable tax credits to Canadian controlled production companies based on eligible BC labour costs. This tax credit is designed to encourage film, television, digital animation, and visual effects production in British Columbia. The program includes five initiatives: Basic, Regional, Distant Location Regional, Training, and Digital Animation, Visual Effects and Post-Production (DAVE).

Tax Credit Value
 Basic FIBC 35%
 Regional Tax Credit 12.5%
 Distant Regional Tax Credit 6%
 Training Tax Credit 30%

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

Digital Animation, Visual Effects + Post-Production (DAVE) 17.5%

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

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)