Ontario Interactive Digital Media Tax Credit (OIDMTC)
Receive up to 40% in Government Tax Credits.
Ontario Creates (formerly the Ontario Media Development Corporation) and the Canada Revenue Agency (CRA) administer the Ontario Interactive Digital Media Tax Credit (OIDMTC) to Ontario-based digital media businesses as a refundable tax credit towards eligible Ontario labour, marketing, and distribution expenses.
Up to 40% of eligible expenditures for internal activities and 35% for fee-for-service arrangements. No limit for the program overall, however, eligible marketing and distribution expenses are capped at $10k per non-specified product.
Canadian corporations that develop interactive digital media, are established and operate within Ontario, and file Ontario tax returns, are eligible to apply.
Ontario labour, marketing, and distribution expenses are eligible for the OIDMTC.
Deadline to Apply
Record labour budgets for the previous year, as well as eligible marketing and distribution expenses incurred 24 months prior to, and 12 months following, completion of the product.