ONTARIO INTERACTIVE DIGITAL MEDIA TAX CREDIT (OIDMTC)
The Ontario Interactive Digital Media Tax Credit (OIDMTC) is a refundable tax credit based on eligible Ontario labour expenditures and eligible marketing and distribution expenses claimed by a qualifying corporation with respect to interactive digital media products.
Grant Deadline
Deadline not available
Funding Amount
40% of salary
Type of Grant
Tax Credit, Hiring
Sectors
Arts & Culture, Film, Music, 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
Who is Eligible?
A qualifying corporation is a Canadian corporation (Canadian or foreign-owned), which develops an eligible product at a permanent establishment in Ontario operated by it, and files an Ontario tax return.
Corporations that are prescribed labour-sponsored venture capital corporations under the regulations made under the Income Tax Act (Canada) and corporations that are exempt from tax or are controlled directly or indirectly by a corporation exempt from tax are not eligible for the OIDMTC.
Grant Application website
https://www.ontariocreates.ca/tax-incentives/oidmtc
Contact
Tax Credits & Financing Programs
175 Bloor Street East South Tower Suite 501 Toronto ON M4W 3R8