BC Interactive Digital Media Tax Credit
The interactive digital media tax credit (IDMTC) is for eligible registered corporations that develop interactive digital media products. Budget 2025 proposes to increase the tax credit rate to 25% for eligible salary and wages incurred after August 31, 2025. Budget 2025 also proposes to make the tax credit permanent. For eligible salary and wages incurred in the tax year before September 1, 2025, the tax credit rate remains at 17.5%.
Grant Deadline
Deadline not available
Funding Amount
25% of The credit is calculated as 17.5% of eligible salary and wages incurred in the tax year
Type of Grant
Grant, Funding
Sectors
Arts & Culture, Entertainment, Media
Demographics
Incorporation
For Profit
Perks
Region Restriction
This grant is restricted to whole of Canada
Keywords
Age Restriction
This grant is age restricted from 18 to 100
Eligibility and Requirements
Product characteristics
Feedback: Based on the changes made by the user, the software will implement the resulting changes to the design and simulate the aerodynamics of the vehicle. The aerodynamics of the altered vehicle are then displayed to the user wearing the AR headset.
Control: The user wears an AR headset to virtually change the vehicle’s design shape by using a series of hand and voice commands.
Adaptation: Based on the feedback of the software, the user may consider making additional changes to get closer to the desired goals of performance thresholds. The product adapts the visual information relative to the position and location of the user to provide visual feedback of resulting air flow over the vehicle. It may even suggest shapes to reduce this drag.
Grant Application website
https://www2.gov.bc.ca/gov/content/taxes/income-taxes/corporate/credits/interactive-digital-media
Contact
Phone:
250-387-3332 (Victoria)
1-877-387-3332 (Toll-free in Canada)
Email:
Contact Canada Revenue Agency with questions about tax credit claims.
Phone:
1-866-317-0473, Ext. 5 (Vancouver)