Is Your Business Leaving Money on the Tablet?
Mitch Silverstein
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Posted 02.18.2013
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Canada Business
Read More:
Ontario Interactive Digital Media Tax Credit,
Digital Media Tax Credit,
Digital Media Tax Credit Canada,
Ontario Media Development Corporation,
Canada Revenue Agency,
Tablet,
Oidmtc,
Video,
Canada Business News
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.