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Manitoba Extends Digital Media Tax Credit

June 24, 2015 2:14 PM | News

WINNIPEG — The Manitoba government has extended a tax credit benefiting the province’s interactive digital media industry.

The credit, which runs through December 2019, is a refundable corporate income tax credit that provides a 40 percent rebate on eligible labour, marketing and distribution expenditures stemming from the development of eligible interactive digital media products in Manitoba.

“Manitoba’s interactive digital media businesses are showing young people their careers can have global impact while still having a chance to give back at home,” said Jobs and the Economy Minister Kevin Chief.

“They employ thousands in our province and are changing the way people everywhere administer health care, education, entertainment and marketing.”

The tax credit helps local companies attract investment, launch new businesses, grow existing businesses, and assist with the development of innovative new technologies and products.

— Staff