We are pleased to announce that Green Spark Group has joined the Reel Green™ Advisory Committee. An exciting start to 2025, Green Spark Group is a sustainability consulting firm that has been working to help drive sustainable production in the entertainment industry...
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Important Message for PSTC and FIBC Applicants: Animated Productions no longer eligible for Regional and Distant Location Tax Credits
Budget Measures Implementation Act 2024 received royal assent on April 25, 2024, thus an amendment to the Regional and Distant location tax credits in the B.C. Income Tax Act to exclude animated productions from eligibility will affect animated productions with key animation beginning on or after June 1, 2024.
Animated productions commencing key animation on or after June 1, 2024 are ineligible for Regional and Distant location tax credits, however, they remain eligible for the Basic and the DAVE tax credits under the Film Incentive BC and the Production Services Tax Credit programs.
To find out more, visit: Budget and Fiscal Plan 2024/2025, Bill 3 – 2024: Budget Measures Implementation Act, 2024 (Clause 84), the Progress of Bills (leg.bc.ca)
For any questions, please contact the Motion Picture Tax Credit Programs department at taxteam (at) creativebc.com.
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