Vancouver Film Blog: BC Announces 35% Film Tax Credit
From Vancouver Film Blog:
http://vancouverfilm.blogspot.com/20...ax-credit.html
(Please follow the link for the complete article.)
Monday, January 28, 2008
BC Announces 35% Film Tax Credit....
British Columbia will offer new tax breaks for film production in the province, according to provincial Finance Minister Carole Taylor.
**snippage**
Foreign production companies will see the Production Services Tax Credit jump to 25%, with an unchanged 6% bonus for work done outside the Vancouver area.
"Today's decision sends a strong signal to B.C.'s film industry and its customers that the provincial government believes this industry has an important future and a significant role to play in BC's knowledge-based economy," said Peter Leitch, chair of the Motion Picture Production Industry Association of B.C.
The new tax breaks will apply to productions underway by Dec. 31, 2007...
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Hopefully EXCELLENT news for Stargate Atlantis, MGM, and SciFi Channel!
Morjana
http://vancouverfilm.blogspot.com/20...ax-credit.html
(Please follow the link for the complete article.)
Monday, January 28, 2008
BC Announces 35% Film Tax Credit....
British Columbia will offer new tax breaks for film production in the province, according to provincial Finance Minister Carole Taylor.
**snippage**
Foreign production companies will see the Production Services Tax Credit jump to 25%, with an unchanged 6% bonus for work done outside the Vancouver area.
"Today's decision sends a strong signal to B.C.'s film industry and its customers that the provincial government believes this industry has an important future and a significant role to play in BC's knowledge-based economy," said Peter Leitch, chair of the Motion Picture Production Industry Association of B.C.
The new tax breaks will apply to productions underway by Dec. 31, 2007...
<><><><>
Hopefully EXCELLENT news for Stargate Atlantis, MGM, and SciFi Channel!
Morjana
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