Ontario Interactive Digital Media Tax Credit (OIDMTC) is a refundable tax credit provided by Federal Canadian government to eligible digital media production corporations. The Digital Media Tax Credit could refund up to 40% of your labor and marketing expenditures of corporations, regardless of their sizes and amount of eligible Ontario labor expenditures. Ontario Interactive Digital Media Tax … [Read more...] about Interactive Digital Media Tax Credit (OIDMTC)
Ontario and other provinces remain committed to the development of interactive digital media in Canada. The IDMTC is a refundable tax credit for corporations developing interactive digital media products. Following criteria should be fulfilled to be qualified: Primary purpose is to educate, inform or entertain the user (i.e. video games, e-learning programs, informational products) Product must … [Read more...] about Funds for Development of Interactive Digital Media
To be competitive in digital printing market, innovation; creativity; and process efficiency are the keys to success. However, investing on these types of activities required considerable financial investment and manpower. Printing companies usually have two separate streams of development work: they either work on design and development of an online design and ordering solutions or development … [Read more...] about Take Advantage of More Than $10M Funds for Your Printing Business
CRA's best effort is to deliver SR&ED grants in a timely, consistent, and predictable manner, while encouraging research and development (R&D) performers to prepare their claims in compliance with tax laws, policies, and procedures. There are four major processing categories determined by CRA in which aimed to be met 90% of the time: refundable claims – 120 calendar days from receipt of … [Read more...] about How soon the government money will be in your business hands?