Funding Snapshot

  • Refundable tax credit
  • Focused on supporting BC’s film industry
  • Accepts applications each taxation year

Fund Description

The British Columbia Production Services Tax Credit (PSTC) is a refundable tax credit designed to encourage film, television, digital animation and visual effects production in British Columbia. PSTC is open to both domestic and foreign producers, and has no Canadian content requirements.

Funding Details

The Production Services Tax Credit (PSTC) provides eligible production corporations with a tax credit on four initiatives: Basic (28%), Regional (6%), Distant Location (6%) and Digital Animation, Visual Effects and Post-Production (DAVE) (16%). Regional, Distant Location and DAVE tax credits must be accessed in conjunction with the Basic tax credit. There is no limit to the amount that can be claimed.

Eligible Expenditures

Companies can receive a refundable corporate income tax credit for labour expenditures paid to BC-based individuals.

Eligibility Requirements

To be eligible for the PSTC, a production corporation must be:

  • An accredited production corporation (domestic or foreign) that produces film or video productions in British Columbia and has a permanent establishment in British Columbia
  • The owner of the copyright in the accredited production, throughout the period during which the production is produced in Canada (or have contracted directly with the copyright owner of the production, to provide services for the production).

The production must meet minimum budget requirements depending on the type of content being produced.

Program Run

BC PSTC is a permanent program which accepts applications for each taxation year.