Most television and film companies incorporate some sort of computer animation or special effects technology within their productions. Keeping up-to-date on these software programs and hardware that can run them can be costly and take financial resources away from required wage expenses. The Ontario Media Development Corporation (OMDC) is offering a tax incentive program to…
The booming e-book industry is causing complications for book publishers worldwide. Ontario book publishing companies are receiving some support in the form of the Ontario Book Publishing Tax Credit (OBPTC). Through this tax incentive program, book publishers are able to receive tax credits on expenditures throughout their operations, from pre-press to digital and paper publications…
The Ontario Media Development Corporation has reinforced their support of the production of television and film media in Ontario through a new tax incentive called the Ontario Production Services Tax Credit (OPSTC). Similar to the Ontario Interactive Digital Media Tax Credit, the OPSTC requires applicants to be Ontario-based companies who file Ontario corporate tax returns….
How to Benefit from the Ontario Interactive Digital Media Tax Credit (OIDMTC) If you are an Ontario business that developed interactive digital media products, the OIDMTC can assist you with labour, marketing and distribution expenditures. Is My Company Eligible? Canadian companies that develop eligible products at a permanent Ontario establishment and file an Ontario tax…