Ontario Book Publishing Tax Credit

📋 Eligible Entities - Ontario-based book publishers - Publishers must be Canadian-controlled private corporations - Publishers must have a permanent establishment in Ontario - Self-published authors and individual proprietors may qualify if operating as registered businesses - Non-profit publishers may be eligible if engaged in commercial book publishing activities ### 💰 Funding Details - Credit Rate: 30% refundable tax credit - Maximum per Title: $30,000 per book title - Repayability: Not repayable—refundable tax credit (funds returned via tax refund) - Matching Requirement: None specified - Frequency: Can be claimed for multiple titles in a single tax year ### 🛠️ Approved Expenses - Pre-press costs (editing, design, typesetting, proofreading) - Printing and production expenditures - Marketing and promotional expenses related to the book title - Associated costs directly tied to bringing the book to market ### ⚠️ Conditions & Milestones - Book must be published in Ontario or by an Ontario publisher - Claim must be submitted with Ontario tax return in the year expenses are incurred - Eligible expenses must be documented and substantiated - Credit applies to Canadian-controlled private corporations only (with limited exceptions) - Maximum $30,000 per title cap applies regardless of total eligible expenses - Publisher must maintain records of all claimed expenses - Expenses must relate to commercially published books (content and format requirements may apply)