BRITISH COLUMBIA - Canadian Content

25% Stackable Federal Tax Credit - on Qualifying Canadian Labour Expenditure

• Regional - 12.5% of qualifying BC "regional" labour when > 50% of BC principal photography is done outside Vancouver area (pro-rate number of regional days by total BC days), minimum 5 regional days required
• Distant Location - 6% of qualifying BC "distant" labour (calculated by pro-rating number of days shot in "distant location" by total BC days; must first qualify for Regional Tax Credit)
• DAVE - 16% of qualifying labour for local digital animation, VFX, and post production
• Training Tax Credit - 30% of amount paid to a BC-based individual registered in an approved training program (credit capped at 3% of qualifying BC labour expenditures)

The tax credit amounts are calculated on the accredited qualified BC labour expenditure (AQBCLE) of the corporation.

The Production must be completed no later than 24 months from the end of the taxation year in which principal photography began and the Production Corporation must apply for and receive a completion certificate within 30 months from the end of the corporation’s taxation year in which principal photography began. See Eligibility Checklist for more information.

The above noted provincial incentive is stackable with Canada's Federal Tax Incentive, which is 25% of 'qualifying Canadian labour expenditures', defined as the lesser of (i) actual labour expenditures, and (ii) 60 % of 'Production Costs less Assistance' ('Assistance' includes any provincial incentives that are directly attributable to the Production).