Production Services Tax Credit
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.
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 and Digital Animation, Visual Effects and Post-Production (DAVE).
FOR PRODUCTIONS WITH A PRINCIPAL PHOTOGRAPHY START DATE AFTER SEPTEMBER 30, 2016*:
|Distant Location Tax Credit||6%|
|Digital Animation, Visual Effects + Post-Production (DAVE)||16%|
*For productions with a principal photography start date before September 30, 2016, please contact Creative BC for more information.
The schedule of timelines and dates relevant to change is as follows:
Projects that start Principal Photography on or after February 19, 2020
$10,000 fee + GST Projects that start Principal Photography prior to February 19, 2020 $5,500 fee + GST
Please note that all applications are subject to GST (unchanged)
Please contact email@example.com with any questions or comments.
JILL REILLY | Manager, Motion Picture Tax Credits
BILJANA RADOVIC | Business Analyst - Tax Credits
Tel: +1 604 730 2232
- Please see Creative BC Brand Assets for PSTC Tax Credit Recipients.