Sample FIBC Calculator

Motion Picture Tax Credits

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Minimum budget levels for PSTC applicants

Know the minimum budget requirement for your production to be qualified for PSTC Under the Production Services Tax Credit (PSTC) there are different minimum budget threshold requirements for different types of productions.   The following can help you determine a...

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