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Sample FIBC Calculator

Motion Picture Tax Credits

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PSTC/FIBC Application Fees: Payment Options

Apr 28, 2022 |

Did you know that Creative BC now accepts fee payment via e-transfer? See our updated Payment Options for PSTC and FIBC applications.   Creative BC continues to accept payment via cheque, money order, direct deposit, or wire transfer as well. See PSTC Fee...

FIBC Tax Credits: Initial Licensing

Apr 28, 2022 |

Are you planning your next Canadian content film? Be sure to know the initial licensing rule.   Under Film Incentive BC, for productions that are not treaty co-productions or interprovincial co-productions, the initial licensing of the commercial exploitation of the...

Please note that these samples are for demonstration purposes only and is not an official tax credit estimate. For animated productions that start key animation after June 26, 2015, the regional and distant tax credits are subject to a different calculation method than that indicated in the calculator below. If you have any questions about your calculation, or if you have a unique situation, please contact one of our staff and we’ll be happy to assist you.

When principal photography starts after September 30, 2016

Provincial tax credits - Domestic production
A

Total Cost of Production (excluding assistance)

  
$
B

Labour cap

 A x 60%
$ 0.00
C

BC net labour incurred by production company (excluding writer fees)

  
$
D

BC net labour directly attributable to digital animation, VFX or post-production activities

  
$
E

Total principal photography (PP) (or key animation) days in BC (TD)
 
F

Total PP (or key animation) outside of Vancouver (RD)

  
G

Total PP (or key animation) days in Distant Location (DD)

  
H

Qualifed BC labour expenditures

 lesser of B and C
$ 0.00
I

FIBC Basic

 H x 35%
$ 0.00
J

Regional

 F/E x H x 12.5%
$ 0.00
K

Distant Location Regional

 G/E x H x 6%
$ 0.00
L

DAVE - 16%

 D x 16%
$ 0.00
M

Total provincial tax credits

 I + J + K + L
$ 0.00

Federal tax credit - CPTC
 

Total Cost of Production

 A
$ 0.00
N

Less assistance

 M
$ 0.00
O

Adjusted total cost of production

 A-N
$ 0.00
P

Labour cap

 O x 60%
$ 0.00
Q

Canadian labour expenditures

 C
$ 0.00
R

Qualified Canadian labour expenditures

 lesser of P and Q
$ 0.00
S

Total federal tax credit

 R x 25%
$ 0.00
T

Total provincial and federal tax credits

 M + S
$ 0.00