Interactive Digital media Tax Credit Rates for 2023 and 2024
The map below has a detailed explanation of the interactive digital media tax credit rates for each province. Just click on the province to find out more!
Credit: 17.5% tax credit of eligible salaries.
Limit: None
Eligibility: The primary purpose must be to educate, inform or entertain and contain at least 2 of text, sound or images.
For CCPC's: 15% of which half is refundable and half is non-refundable.
Filing deadline: 12 months after fiscal year end
Non-refundable tax credit carry back/forward: 3 years back, 20 years forward
Credit: 40% tax credit on qualifying expenditures, which consist of eligible salaries plus 65% of eligible remuneration paid.
Limit: $40,000 per eligible employee per year and $2 million per company.
Eligibility: The primary purpose must be to educate, inform or entertain and contain at least 2 of text, sound or images.
Credit: A refundable credit of the lesser of 50% of qualifying expenditures or 25% of total expenditures. A bonus of 10% of qualifying expenditures or 5% of total expenditures for developing an eligible product in a prescribed geographic area.
Limit: None
Eligibility: The primary purpose must be to educate, inform or entertain and contain at least 2 of text, sound or images.
Credit: Refundable tax credit of 40% tax credit of eligible labour, marketing and distribution expenses. The credit is 35% if the product is developed under a fee-for-service agreement.
Limit: Marketing and distribution expenses are capped at $100,000 per non-specified product.
Eligibility: The primary purpose must be to educate, inform or entertain and contain at least 2 of text, sound or images.
Credit: 37.5% refundable tax credit for eligible labour expenses. Subcontracts can be claimed at 50% of the amount paid.
Limit: None
Eligibility: Published on an electronic medium and controlled by software allowing interactivity. The title must contain at least 3 of text, sound, still images and animated images.
Note that Alberta, Saskatchewan, Northwest Territories, Nunavut and Newfoundland do not offer interactive digital media tax credits.
Updated May, 2024
Quebec 2024 to 2028 Interactive Digital Media Tax Credits (Production of Multimedia Titles)
2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|
Commercial titles available in French, not vocational training | |||||
— Refundable tax credit | 37.50 | 35.00 | 32.50 | 30.00 | 27.50 |
— Non-refunable tax credit | 0.00 | 2.50 | 5.00 | 7.50 | 10.00 |
TOTAL | 37.50 | 37.50 | 37.50 | 37.50 | 37.50 |
Commercial titles not available in French, not vocational training | |||||
— Refundable tax credit | 30.00 | 27.50 | 25.00 | 22.50 | 20.00 |
— Non-refundable tax credit | 0.00 | 2.50 | 5.00 | 7.50 | 10.00 |
TOTAL | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 |
Other titles including vocational training | |||||
— Refundable tax credit | 26.25 | 23.75 | 21.25 | 18.75 | 16.25 |
— Non-refundable tax credit | 0.00 | 2.50 | 5.00 | 7.50 | 10.00 |
TOTAL | 26.25 | 26.25 | 26.25 | 26.25 | 26.25 |