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Canada: Tax credit for book publishers, extended through March 2026 (British Columbia)

Canada: Tax credit for book publishers

A British Columbia tax credit available for book publishers has been extended through the end of March 2026. The extension of the tax credit is intended as relief in response to the coronavirus (COVID-19) pandemic.


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Eligible corporations that provide “book publishing services “ in British Columbia now have an additional five years to claim the tax credit because this refundable tax credit program will expire at the end of March 2026 (rather than at the end of March 2021).


Generally, eligible B.C. publishers can claim the book publishing tax credit when they:

  • Are a Canadian-controlled corporation conducting business primarily through a permanent establishment in British Columbia, and with book publishing as their principal business
  • Receive a base amount of “support for publishers” contributions under the federal Canada Book Fund (CBF) before 1 April 2026.

Eligible publishers may receive a credit of up to 90% of the base amount of “support for publishers” contributions received in the tax year.

Read a March 2021 report prepared by the KPMG member firm in Canada

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