Logging Tax Credit

By mmuise
Description:

The Logging Tax Credit is for corporations that have paid BC logging tax on income earned from logging operations for the year.


Comments on Funding:

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Deadline: Continuous Intake
Eligibility:

Applicants must:

  • be eligible registered corporations;
  • have paid logging tax to B.C. on income earned from logging operations for the year;
  • If applicants are a Canadian-controlled private corporation, for tax years ending after December 31, 2008, they may be unable to claim the full credit because of the provincial small business corporation income tax rate. In this case, they may file an Application for Refund of Logging Tax (FIN 196) (PDF) with the ministry.
Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise