Companies in Ontario who undertake work involved with interactive digital media can qualify for the Ontario Interactive Digital Media Tax Credit (OIDMTC), and/or the Ontario Computer Animation and Special Effects (OCASE) Tax Credit, on top of their SR&ED claim. The SR&ED program focuses on research and development (i.e. technology being developed), whereas the OIDMTC and OCASE programs focus on the development of digital media elements. To be eligible for multiple tax incentive programs, companies involved with digital gaming, special effects, and the development of interactive media would have to segregate project costs in order to prevent the double-claiming of expenditures.
[ More about digital media tax credits ]
