Film and Television Tax Credit

The Film and Television Tax Credit program provides refundable tax credits to eligible corporations that produce eligible film and video productions in British Columbia.

For productions where principal photography began after March 31, 2003, the program consists of four distinct credits:

• the Basic Film and Television tax credit,
• the Regional tax credit (Revised),
• the Training tax credit, and
• the Digital Animation or Visual Effects tax credit.

An eligible corporation may claim an additional basic tax credit where principal photography begins after December 31, 2004 and before April 1, 2008. For more information please see Film and Television Tax Credit - Special Release.

Effective February 22, 2006, the definition of the designated Vancouver area is changed for purposes of the regional credit. The change will include Pitt Meadows for the regional credit by moving the eastern boundary for the designated Vancouver area to follow the western shore of the Pitt River and the southern shore of the Fraser River. The new regulation can be found here.

These credits are claimed when filing the T2 Corporation Income Tax Return form and are refundable to the extent they exceed the corporation's income tax payable. Please see the Information Bulletins for more detail.