Multimedia Tax Credit
Right Multimedia Tax Credit for Your Province
Ontario
The Ontario Interactive Digital Media Tax Credit (OIDMTC) is a refundable tax credit available to businesses at the end of their fiscal year, once a digital media product is completed.
Quebec
The Tax Credit for the Production of Multimedia Titles (TCMT) offers a refundable credit of up to 37.5% of eligible production expenses. This applies to video games, websites, mobile applications, and other interactive digital products that meet specific requirements.
British Columbia
The Interactive Digital Media Tax Credit (IDMTC) allows registered corporations in BC to claim a 17.5% credit on eligible salaries and wages incurred during the tax year for interactive digital media development.
Nova Scotia
The Digital Media Tax Credit (DMTC) provides a refundable tax credit calculated as the lesser of 50% of qualifying expenditures or 25% of total expenditures directly related to the development of eligible interactive digital media products.
Manitoba
The Manitoba Interactive Digital Media Tax Credit (MIDMTC) stimulates economic growth and job creation by offering a refundable credit of up to 40% on qualified labour expenses and certain marketing and distribution costs.
Newfoundland and Labrador
The Interactive Digital Media (IDM) Tax Credit provides a refundable benefit based on eligible salaries and remuneration incurred by businesses developing interactive digital media products. The credit is capped at $40,000 per employee per year and $2 million per company annually.
Our Process for Maximizing Your Multimedia Tax Credit
Contract Signature
We assign a dedicated consultant to guide you through the process.
Kickoff Meeting
Our consultant gathers key project details through an on-site or virtual session.
Technical Review
We assess your eligibility and expenses, ensuring compliance with tax credit requirements.
Claim Preparation
Our experts compile technical reports and analyze financial data before submitting the claim to your accountant for government submission.
Audit Support
If an audit is required, we provide expert guidance to defend your claim and ensure compliance.
Follow-Up
We track your claim’s progress and ensure timely payment of your tax credits.