Ontario Interactive Digital Media Tax Credit ### 📋 Eligible Entities - Corporations incorporated in Ontario or carrying on business in Ontario - Canadian-controlled private corporations (CCPCs) - Partnerships with at least one Ontario partner - Sole proprietors operating in Ontario - Non-resident corporations with a permanent establishment in Ontario - Production companies with control of creative and production decisions Key requirement: Must be actively engaged in creating interactive digital media products in Ontario ### 💰 Funding Details - Credit Rate: 35–40% of eligible expenditures - Refundability: Fully refundable tax credit (paid as cash refund even if no tax owing) - No Maximum Cap: Unlimited credit per eligible project - Timing: Credit claimed against Ontario corporate income tax; refund typically processed after tax year assessment - No Matching Required: 100% government-funded (no cost-share requirement) - Non-Repayable: Grant does not require repayment ### 🛠️ Approved Expenses Labour Costs: - Salaries and wages of Ontario employees directly engaged in content creation - Benefits and payroll taxes Marketing & Distribution: - Advertising and promotional campaigns - Digital marketing and online advertising - Distribution platform fees and licensing Production Expenditures: - Software development and coding - Artwork and design - Audio production and music licensing - Testing and quality assurance Eligible categories: Only expenditures incurred in Ontario qualify ### ⚠️ Conditions & Milestones - Product Definition: Must create interactive digital media (video games, interactive narratives, apps, educational software, etc.) - Ontario Residency: Minimum 50% of labour costs must be Ontario-based - Ownership & Control: Applicant must maintain creative and financial control of the product - Documentation: Detailed records of all eligible expenses required for audit - Project Completion: Credit claimed in the tax year the product is substantially completed or first commercially released - No Double Dipping: Expenses cannot be claimed under other Ontario or federal tax credits simultaneously - Application Timeline: File claim with Ontario tax return for the relevant fiscal year
À propos de ce programme
Refundable tax credit of 35 to 40% of eligible labour, marketing and distribution expenditures related to the creation of interactive digital media products in Ontario.
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