FIBC is a labour based tax incentive that provides refundable tax credits to Canadian controlled production companies based on eligible BC labour costs. This tax credit is designed to encourage film, television, digital animation, and visual effects production in British Columbia. The program includes five initiatives: Basic, Regional, Distant Location Regional, Training, and Digital Animation or Visual Effects (DAVE).
How FIBC works
FIBC is a refundable corporate income tax credit. When filing tax returns, your corporation may claim a specified percentage of the labour costs incurred while making a production. The credits are applied to reduce tax payable, and any remaining balance is paid to the corporation. Please note that your production corporation must apply to BC Film + Media to receive an eligibility and completion certificate for your production. In order to claim FIBC tax credits, your production corporation must file a corporate income tax return, along with the certificates, with the Canada Revenue Agency.
Additional information about FIBC
Program Summary for Interprovincial Coproductions
Program Summary for International Treaty Coproductions
FIBC Information Bulletin
DAVE Information Bulletin
Legislation and Regulations
Ministry of Finance - Film & Television Tax Credit
Canadian Audio-Visual Certification Office (CAVCO)
Canada Revenue Agency (CRA)
Sample Tax Credit Calculation
To see how FIBC and its related tax credits might work for your production, please use the interactive sample tax credit calculator below. Please note that this sample is for demonstration purposes only and is not an official tax credit estimate. If you have any questions about your calculation, or if you have a unique situation, please contact one of our staff and we’ll be happy to assist you.
 Net of ineligible costs, assistance and deferrals
 PP = Principal Photography
 Provided for informational purposes only. Visit CAVCO's website to find out how to access the federal tax credit (link above)
 Less provincial tax credit
 BC Labour = Canadian Labour