BC Domestic productions and Production Service productions may also apply for the Federal Canadian Tax Credit of 25% and 16% respectively.
- Canadian Film or Video Production Tax Credits (CPTC)
The CPTC provides eligible productions with a fully refundable tax credit, available at a rate of 25% of the qualified labour expenditure.
To be eligible for the Canadian Film or Video Production Tax Credit (CPTC), the applicant must be a Canadian-owned, taxable corporation that is primarily in the business of Canadian film or video production.
2. Film or Video Production Services Tax Credits
To be eligible for the Film or Video Production Services Tax Credit (PSTC) of 16%, the applicant can be either a foreign-owned corporation or a Canadian-owned corporation that is primarily in the business of film or video production services.