This program is designed specifically for businesses like yours that produce multimedia titles. By applying, you can benefit from a refundable tax credit of up to 37.5% on eligible labor expenditures. This means significant savings on your production costs, allowing you to reinvest in your business and grow more efficiently.

What You Get

• Refundable tax credit of up to 37.5% on eligible labor expenditures
• Support for a wide range of production work, from design to completion
• Eligibility for financing to receive your refund sooner, improving your cash flow

Why Apply?

• Substantial financial support: This tax credit can cover a large portion of your labor costs, making your projects more affordable.
• Improved cash flow: Financing options are available to get your refund faster, helping you manage your finances better.
• Easy qualification: If your business meets the criteria, the process is straightforward, with support available from Investissement Québec advisors.

Applying for this program can provide your business with the financial boost it needs to thrive in the competitive multimedia industry.

Type of Financing: Refundable Tax Credit

Repayment Terms and Interest Rates:

• This is a refundable tax credit, so there are no repayment terms or interest rates.

Eligible Expenses:

• Salaries and wages paid to eligible employees.
• Amounts paid to subcontractors not dealing at arm’s length for eligible production work in Québec.
• 50% of amounts paid to subcontractors dealing at arm’s length for eligible production work in Québec.

Use of Funds:

• Funds can be used for eligible production work, including design and production stages of multimedia titles.

Restrictions on Use of Funds:

• Funds cannot be used for non-eligible production work or expenses not related to the production of multimedia titles.

Fees:

• Fees are charged for issuing initial qualification and eligibility certificates.
• Contact Investissement Québec for detailed fee information.

This program offers your business a refundable tax credit of up to 37.5% on eligible labor costs. This means you can get back a significant portion of what you spend on salaries and wages for your team working on multimedia projects.

You can use this tax credit for:

• Salaries and wages paid to eligible employees.
• Payments to subcontractors working on your multimedia projects in Quebec.
• 50% of payments to subcontractors who are independent from your business.

To qualify, your multimedia projects must be interactive and include a mix of text, sound, still images, and animated images. This tax credit can help reduce your production costs, making it easier to invest in high-quality content and grow your business.

Key benefits:

• Significant savings on labor costs.
• Encourages investment in multimedia production.
• Supports business growth by freeing up funds for other investments.

This program is a great opportunity to lower your expenses and boost your multimedia production capabilities.