British Columbia manufacturing and processing tax credit

Corporations may no longer file a claim for the British Columbia manufacturing and processing tax credit. This credit was earned on qualifying property purchased before July 31, 2001.

Any unused credits that have not expired may be carried forward for up to ten tax years after the tax year in which they were earned.

Claiming the credit

To claim a carryforward, file a completed Schedule 426, British Columbia Manufacturing and Processing Tax Credit, with the return.

For more information about this credit, see the the schedule and Part 7 of the British Columbia Income Tax Act.

On line 660 of Schedule 5, Tax Calculation Supplementary - Corporations, enter the amount of the credit you are carrying forward.

Forms and publications

• Schedule 426, British Columbia Manufacturing and Processing Tax Credit
• Schedule 5, Tax Calculation Supplementary - Corporations
• CIT 001, British Columbia Manufacturing and Processing Tax Credit

Government partners

• British Columbia (provincial site)