Ontario Interactive Digital Media Tax Credit
The Ontario Interactive Digital Media Tax Credit, offered through the Ontario Media Development Corporation (OMDC), provides refundable tax credits for labour, marketing, and distribution activities related to the development of interactive digital media products.
- Amount: 35% or 40% of qualifying expenditures related to labour, marketing, and distribution;
- Eligible Costs: Direct development labour, marketing, and distribution costs related to the development of Interactive Digital Media products;
- Criteria: Product developed in Ontario; interactive digital media product; product has the primary purpose to educate, inform, or entertain; the primary purpose is achieved using at least two of the following: text, sound, and images; Canadian corporation (Canadian or foreign-owned);
- Additional Info: Funding is claimed once activities related to product development have been completed and the product is launched.
