For decades Vancouver’s hefty incentives have made the city a major shooting destination, especially for U.S. TV series. And lately the British Columbia metropolis has attracted a slew of vfx and animation companies, which have set up shop there to take advantage of tax breaks and the growing pool of local talent.
But not long ago it seemed that Vancouver was facing a significant production slowdown. Some companies closed, or, like Rockstar Games, left in pursuit of better incentives elsewhere. Execs were looking to places like Ontario, where vidgame developers can get up to a 40% tax credit compared to B.C’s 17.5%.
The province offers a 33% credit just on labor costs — while Ontario and Quebec offer a 25% tax credit on all production costs. Further, the harmonized sales tax, which combines the 7% provincial sales tax (PST) with the 5% goods and services sales tax (GST) levied by federal government, has been phased out, so the provincial portion is no longer refundable to productions.
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