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Ontario Interactive Digital Media Tax Credit

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Summary of eligibility for the OIDMTC program to recover costs of developing and marketing eligible products such as, video games, educational software, interactive websites and informational products.

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Ontario Interactive Digital Media Tax Credit

  1. 1. OIDMTCOntario Interactive Digital Media TAX INCENTIVES Presented By: Richard Kun
  2. 2. Overview of OIDMTC The Ontario Government offers a 40% refundable tax credit for qualifying Ontario labour and marketing expendituresto create interactive digital media products.
  3. 3. Overview of OIDMTC EligibilityTo be eligible for the OIDMTC a product must be an interactive digital media product whose primary purpose is to : educate, inform, or entertain,and that achieves its primary purpose by presenting information in at least two of: text, sound and images and must be intended for use by individuals.
  4. 4. OIDMTC Eligibility The product must be interactive the user can choose whatinformation is to be presented and the sequence and form in which it is presented.
  5. 5. OIDMTC Examples• Educational Software• Video Games• Informational Products• Interactive Web sites
  6. 6. OIDMTC Eligibility• All or substantially all of the product must be developed in Ontario by the qualifying corporation (90% or more).• The product cannot be used primarily for interpersonal communication. The OMDC will interpret “primarily” to mean “more than 50%.”• The product cannot be used primarily to present or promote the qualifying corporation.• The product cannot be used primarily to present, promote or sell the products or services of the qualifying corporation.
  7. 7. Eligible Expenditures• Labour Expenditures• Marketing Expenditures
  8. 8. Labour Expenditures• Eligible labour expenditures are 100% of salaries and wages for employees.• Eligible Labour expenditures must also be paid to individuals resident in Ontario, directly attributable to the development of the eligible product, and paid for services rendered at a permanent establishment in Ontario.
  9. 9. Marketing ExpendituresUp to $100,000 of eligible marketing and distributionexpenditures related to an eligible product can be included.Eligible marketing and distribution expenses are thoseincurred in the 24-month period prior to the completion ofthe eligible interactive digital media product, and thoseincurred in the 12 months following the completion of theproduct.Expenditures that have already been claimed as eligibleOntario labour expenditures cannot be claimed asmarketing and distribution expenditures claim.
  10. 10. Marketing Examples• Trade Shows• Travel, Meals, Entertainment• Graphic Design• Copy Writing• Google Ads• Marketing wages for eligible products
  11. 11. Thank You• Questions• rkun@rdpassociates.com 11

Summary of eligibility for the OIDMTC program to recover costs of developing and marketing eligible products such as, video games, educational software, interactive websites and informational products.

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