In response to the call from small business, the British Columbia Government has made a number of tax credits programs available to you. Here is a list of the various provincial tax credits you may be eligible to claim.
The Book Publishing Tax Credit is available to book-publishing corporations that are recipients of a Book Publishing Industry Development Program (BPIDP). Eligible recipients may receive up to 90% of BPIDP contributions made in the tax year.
The Film and Television Tax Credit Program (FTTC) provides refundable tax credits to eligible corporations that produce qualifying film or video productions in BC. The credits are for domestic productions with qualifying levels of Canadian content.
The Foreign Tax Credit may be claimed by corporations on taxes paid to another country on foreign non-business income.
The Interactive Digital Media Tax Credit program provides a refundable 17.5% tax credit on eligible salary and wages incurred by eligible corporations that develop interactive digital media products in BC.
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