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British Columbia Boosts Film Tax Credit as Battle for Hollywood Projects Grows
The Hollywood ReporterStory by Etan Vlessing
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British Columbia boosts tax credits to lure Hollywood productions, amidst industry shifts and labor disruptions.
beat sheet
- B.C. raises foreign film tax credit from 28% to 36%, with an additional 2% bonus for projects over $200M in local spending, aiming to solidify its status as a top production hub.
- California also moves to increase its production tax credit cap from $330M to $750M annually, as states and countries worldwide ramp up incentives to attract the film and TV industry.
call sheet
David Eby, British Columbia, California, The CW, CBS, SyFy, Canadian Media Producers Association, Wild Cards, Tracker, Fire Country, Resident Alien