Ontario Interactive Digital Media Tax Credit

Is Your Business Leaving Money on the Tablet?

I'm speaking, of course, of the Ontario Interactive Digital Media Tax Credit, or OIDMTC for short(er). This is a largely untapped provincial credit for which awareness and comprehension is low, but which can be a game-changer for SMEs; one Ontario online-gaming company recently received a cash refund of $1.4 million, which they were able to reinvest in the company to purchase new equipment, hire new staff and expand services.