The Interactive Digital Media Tax Credit (IDMTC) is a potential refund offered to businesses across the provinces that are focused squarely on innovating entertainment and education media. These include gaming, animation, television or film production companies.
Each province has its own unique guidelines around the timing for applications, as well as how much cash back qualified applicants can expect in their return.
In this guide, we breakdown the nuances—including changes to the program specific for businesses in Quebec—as well as how IDMTC compares to (and complements) programs like the Scientific Research & Experimental Development (SR&ED) tax credit.