E-Business and Digital Media Tax Credits

Tax Credits for the Development of E-Businesses and Digital Media

R&D Partners provides professional services related to e-business funding.

In Quebec, the refundable tax credit for the development of e-business (TCDE) and the tax credit for multimedia titles are managed by Invest Quebec. These independent  incentives consists of a tax credits equal to 24% of the eligible salaries paid by an eligible corporation in the IT, gaming, or e-learning sectors.

In Ontario, the Ontario Interactive Digital Media Tax Credit (OIDMTC) has been set up and is managed by the Ontario Media Development Corporation. It consists of a tax credit of up to 40% of the eligible expenditures incurred by an admissible Ontario business.

In British Columbia, the BC Interactive Digital Media Tax Credit (IDMTC) has been set up and is managed by the British Columbia Ministry of Finance. It consists of a tax credit of up to 17.5% on eligible salaries and wages incurred by BC businesses.

Similar programs also exist in Manitoba, Nova Scotia, and Prince Edward Island; and other significant government incentives may also available for these types of expenditures.

Our team of experts provides complete services to ensure that you take full advantage of these tax credits and maximize your return.

Our services include:

  • Evaluation and validation of your company’s eligibility (restructuring if necessary)
  • Preparation of initial and annual applications
  • Preparation of annual financial information in support of the claim
  • Monitoring and support for audit defense
  • Assistance in combining and optimizing government incentives

R&D Partners will ensure that you will take full advantage of the tax credit and other government funding opportunities available to your company. For more information please contact us at contact@rdpartners.com or at 1-800-500-7733.