Digital Media Tax Credit (DMTC)
Amount:
No Fixed Amount
Type of Program:
Tax Credit
Description:
The Digital Media Tax Credit is a refundable tax credit for costs directly related to the development of interactive digital media products in Nova Scotia.
Comments on Funding:
Funding will be the lesser of 50% of qualifying expenditures, or 25% of total expenditures made in Nova Scotia.
A 10% geographic area bonus on qualifying expenditures (5% bonus on total expenditures) is available for products developed outside the area that is within a radius of 30 kilometers driving distance from Halifax City Hall.
When It Ends:
Ongoing
Deadline:
Rolling Deadline
Eligibility:
The applicant must:
To be eligible for the geographic area bonus, the corporation must:
Application Steps:
The applicant must submit the completed, dated and signed application forms to the Nova Scotia Department of Finance and Treasury Board.
Documentation Needed:
The applicant must submit the following documentation:
Other Things to Note:
Marketing and distribution expenditures to a maximum of $100,000 per eligible product became part of Qualifying Expenditures
