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2025 Updates to B.C.’s Motion Picture Tax Credit Programs are official - Creative BC
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2025 Updates to B.C.’s Motion Picture Tax Credit Programs are official - Creative BC
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 Incentive BC (FIBC) basic rate increased from 35% to 40% for productions that start principal photography after December 31, 2024. The Production Services Tax Credit (PSTC) basic ra…
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