Creative BC has implemented comprehensive updates to essential Film Incentive BC (FIBC) and Production Services Tax Credit (PSTC) program application forms and templates. These revisions reflect recent legislative amendments made in March 2025 to British Columbia's...
Patricia Lee
2025 Updates to B.C.’s Motion Picture Tax Credit Programs are official
Bill 5, Budget Measures Implementation Act, 2025, received Royal Assent on May 29, 2025. As a result, the proposed changes to the legislation and regulation for British Columbia’s Motion Picture Tax Credit Programs, announced on March 4, 2025, are official. The Film...
Important Message for FIBC and PSTC Applicants: Tax Credit Certificate Updates
Effective April 1, 2025, Creative BC will update the motion picture tax credit certificates to include key dates essential for determining eligibility and filing deadlines; as well as basic rates under the Film Incentive BC (FIBC) and Production Services Tax Credit...
Introducing a new tool for PSTC and FIBC tax credit applicants: Deadline Calculator
Business Affairs and Production Accounting teams can now quickly, accurately, and instantly build B.C. motion picture tax credit deadlines into their project plans. Creative BC introduces a deadline calculator for its PSTC and FIBC programs, integrating eligibility,...
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...
