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.
Senior Partner at SBLR LLP Chartered Accountants
Mitch Silverstein, CA, is a senior partner at SBLR LLP Chartered Accountants, a Toronto-based accounting and advisory firm specializing in privately-held companies. With over 25 years of experience, Mitch provides high-impact strategic tax planning, business advisory and traditional accounting services to small and mid-sized business owners across all industries.
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