The Ontario Interactive Digital Media Tax Credit is a refundable tax credit for labour, marketing and distribution expenditures for the creation of interactive digital media products.
Refundable tax credit of 40% of qualifying labour and marketing & distribution expenditures for companies that are creating and distributing their own products, or 35% for companies working under a fee for service arrangement.
Direct development labour, marketing and distribution expenditures for the creation of interactive digital media products.
Eligible companies must be a Canadian corporation (that is Canadian or foreign-owned), that develops an eligible product in Ontario. 25% of the total development labour to create the product must be attributable to eligible wages of employees of the qualifying corporation, while 80% of it must be attributable to eligible wages and eligible remuneration paid to individuals, personal corporations, or sole proprietorships that do not have employees.
The product must:
| Ontario Labour | $350,000 | |
| Freelance Labour | $50,000 | |
| Marketing and Distribution | $100,000 | |
| Total Qualified Expenditures | $500,000 | |
| Tax Credit (40%) | $200,000 |
OIDMTC is an ongoing program that accepts applications for each taxation year.
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