BC IDMTC
[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”3.26.6″ fb_built=”1″ _i=”1″ _address=”1″][et_pb_row _builder_version=”3.26.6″ _i=”0″ _address=”1.0″][et_pb_column type=”4_4″ _builder_version=”3.26.6″ _i=”0″ _address=”1.0.0″][et_pb_text _builder_version=”3.26.6″ header_2_font=”|300|||||||” header_2_text_align=”center” header_2_font_size=”51px” _i=”0″ _address=”1.0.0.0″]BC Interactive Digital Media Tax Credit
[/et_pb_text][et_pb_divider _builder_version=”3.26.6″ width=”100%” max_width=”30%” module_alignment=”center” module_alignment_last_edited=”on|desktop” _i=”1″ _address=”1.0.0.1″][/et_pb_divider][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Services” _builder_version=”3.22″ background_image=”https://suttoninnovation.com/wp-content/uploads/2019/08/risk-36.jpg” background_size=”initial” custom_width_px__hover=”1080px” custom_width_px__hover_enabled=”1080px” custom_width_percent__hover=”80%” custom_width_percent__hover_enabled=”80%” fb_built=”1″ gutter_width__hover=”3″ gutter_width__hover_enabled=”3″ parallax_1__hover=”off” parallax_1__hover_enabled=”off” parallax_2__hover=”off” parallax_2__hover_enabled=”off” parallax_3__hover=”off” parallax_3__hover_enabled=”off” parallax_method_1__hover=”on” parallax_method_1__hover_enabled=”on” parallax_method_2__hover=”on” parallax_method_2__hover_enabled=”on” parallax_method_3__hover=”on” parallax_method_3__hover_enabled=”on” use_background_color_gradient__hover=”off” use_background_color_gradient__hover_enabled=”off” background_color_gradient_start__hover=”#2b87da” background_color_gradient_start__hover_enabled=”#2b87da” background_color_gradient_end__hover=”#29c4a9″ background_color_gradient_end__hover_enabled=”#29c4a9″ background_color_gradient_type__hover=”linear” background_color_gradient_type__hover_enabled=”linear” background_color_gradient_direction__hover=”180deg” background_color_gradient_direction__hover_enabled=”180deg” background_color_gradient_direction_radial__hover=”center” background_color_gradient_direction_radial__hover_enabled=”center” background_color_gradient_start_position__hover=”0%” background_color_gradient_start_position__hover_enabled=”0%” background_color_gradient_end_position__hover=”100%” background_color_gradient_end_position__hover_enabled=”100%” background_color_gradient_overlays_image__hover=”off” 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animation_repeat__hover=”once” animation_repeat__hover_enabled=”once” animation_direction__hover=”center” animation_direction__hover_enabled=”center” animation_duration__hover=”1000ms” animation_duration__hover_enabled=”1000ms” animation_delay__hover=”0ms” animation_delay__hover_enabled=”0ms” animation_intensity_slide__hover=”50%” animation_intensity_slide__hover_enabled=”50%” animation_intensity_zoom__hover=”50%” animation_intensity_zoom__hover_enabled=”50%” animation_intensity_flip__hover=”50%” animation_intensity_flip__hover_enabled=”50%” animation_intensity_fold__hover=”50%” animation_intensity_fold__hover_enabled=”50%” animation_intensity_roll__hover=”50%” animation_intensity_roll__hover_enabled=”50%” animation_starting_opacity__hover=”0%” animation_starting_opacity__hover_enabled=”0%” animation_speed_curve__hover=”ease-in-out” animation_speed_curve__hover_enabled=”ease-in-out” hover_transition_duration__hover=”300ms” hover_transition_duration__hover_enabled=”300ms” hover_transition_delay__hover=”0ms” hover_transition_delay__hover_enabled=”0ms” hover_transition_speed_curve__hover=”ease” hover_transition_speed_curve__hover_enabled=”ease” _i=”2″ _address=”2″][et_pb_row column_structure=”2_5,3_5″ _builder_version=”3.25″ _i=”0″ _address=”2.0″][et_pb_column type=”2_5″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||” _i=”0″ _address=”2.0.0″][et_pb_text _builder_version=”3.26.6″ header_font=”||||||||” header_2_font=”Mukta|300|||||||” header_2_font_size=”51px” header_2_line_height=”1.3em” max_width=”700px” custom_margin=”||10px” animation_style=”slide” animation_direction=”top” animation_intensity_slide=”5%” header_2_font_size_tablet=”36px” header_2_font_size_phone=”24px” header_2_font_size_last_edited=”on|phone” header_2_font_size__hover=”26px” header_2_font_size__hover_enabled=”26px” header_2_letter_spacing__hover=”0px” header_2_letter_spacing__hover_enabled=”0px” header_2_line_height__hover=”1em” header_2_line_height__hover_enabled=”1em” header_2_text_shadow_style__hover=”none” header_2_text_shadow_style__hover_enabled=”none” header_2_text_shadow_color__hover=”rgba(0,0,0,0.4)” header_2_text_shadow_color__hover_enabled=”rgba(0,0,0,0.4)” _i=”0″ _address=”2.0.0.0″]What is BC IDMTC?
[/et_pb_text][et_pb_divider color=”#2a2a2a” divider_weight=”2px” _builder_version=”3.19.10″ max_width=”50px” animation_style=”slide” animation_direction=”top” animation_intensity_slide=”20%” locked=”off” _i=”1″ _address=”2.0.0.1″][/et_pb_divider][/et_pb_column][et_pb_column type=”3_5″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||” _i=”1″ _address=”2.0.1″][et_pb_text _builder_version=”3.26.6″ text_font=”||||||||” text_line_height=”2em” header_font=”||||||||” header_2_font=”Mukta|300|||||||” header_2_font_size=”42px” header_2_line_height=”1.2em” header_4_font=”Mukta Malar|300|||||||” header_4_line_height=”1.3em” animation_style=”slide” animation_direction=”top” animation_intensity_slide=”5%” header_2_font_size_phone=”36px” header_2_font_size_last_edited=”on|phone” locked=”off” _i=”0″ _address=”2.0.1.0″]The interactive digital media tax credit (IDMTC) is for eligible registered corporations that develop interactive digital media products in B.C. after August 31, 2010 and before September 1, 2023.
[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”3.25″ custom_margin=”||||false” custom_padding=”3vw||3vw||true” locked=”off” _i=”1″ _address=”2.1″][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||” _i=”0″ _address=”2.1.0″][et_pb_divider color=”rgba(0,0,0,0.1)” divider_position=”center” divider_weight=”2px” _builder_version=”3.19.8″ height=”1px” _i=”0″ _address=”2.1.0.0″][/et_pb_divider][/et_pb_column][/et_pb_row][et_pb_row column_structure=”2_5,3_5″ _builder_version=”3.25″ _i=”2″ _address=”2.2″][et_pb_column type=”2_5″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||” _i=”0″ _address=”2.2.0″][et_pb_text _builder_version=”3.26.6″ header_font=”||||||||” header_2_font=”Mukta|300|||||||” header_2_font_size=”51px” header_2_line_height=”1.3em” max_width=”700px” custom_margin=”||10px” animation_style=”slide” animation_direction=”top” animation_intensity_slide=”5%” header_2_font_size_tablet=”36px” header_2_font_size_phone=”24px” header_2_font_size_last_edited=”on|phone” header_2_font_size__hover=”26px” header_2_font_size__hover_enabled=”26px” header_2_letter_spacing__hover=”0px” header_2_letter_spacing__hover_enabled=”0px” header_2_line_height__hover=”1em” header_2_line_height__hover_enabled=”1em” header_2_text_shadow_style__hover=”none” header_2_text_shadow_style__hover_enabled=”none” header_2_text_shadow_color__hover=”rgba(0,0,0,0.4)” header_2_text_shadow_color__hover_enabled=”rgba(0,0,0,0.4)” _i=”0″ _address=”2.2.0.0″]Who is eligible?
[/et_pb_text][et_pb_divider color=”#2a2a2a” divider_weight=”2px” _builder_version=”3.19.8″ max_width=”50px” animation_style=”slide” animation_direction=”top” animation_intensity_slide=”20%” locked=”off” _i=”1″ _address=”2.2.0.1″][/et_pb_divider][/et_pb_column][et_pb_column type=”3_5″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||” _i=”1″ _address=”2.2.1″][et_pb_text _builder_version=”3.26.6″ text_font=”||||||||” text_line_height=”2em” header_font=”||||||||” header_2_font=”Mukta|300|||||||” header_2_font_size=”42px” header_2_line_height=”1.2em” header_4_font=”Mukta Malar|300|||||||” header_4_line_height=”1.3em” animation_style=”slide” animation_direction=”top” animation_intensity_slide=”5%” header_2_font_size_phone=”36px” header_2_font_size_last_edited=”on|phone” locked=”off” _i=”0″ _address=”2.2.1.0″]BC Interactive Digital Media Tax Credit
Introduced commencing after August 31, 2010, BC’s IDMTC has recently been renewed until September 1, 2023.
Aimed at corporations with a permanent residence in BC, it targets companies producing:
[/et_pb_text][et_pb_blurb title=”Video games” use_icon=”on” font_icon=”%%45%%” icon_color=”#ffb337″ icon_placement=”left” content_max_width=”1100px” use_icon_font_size=”on” icon_font_size=”24px” _builder_version=”3.26.6″ header_font=”Lato||||||||” header_font_size=”16px” header_line_height=”1.4em” body_font=”||||||||” custom_margin=”||10px” animation_style=”slide” animation_direction=”left” animation_intensity_slide=”5%” animation=”off” locked=”off” _i=”1″ _address=”2.2.1.1″][/et_pb_blurb][et_pb_blurb title=”Educational software” use_icon=”on” font_icon=”%%45%%” icon_color=”#ffb337″ icon_placement=”left” content_max_width=”1100px” use_icon_font_size=”on” icon_font_size=”24px” _builder_version=”3.26.6″ header_font=”Lato||||||||” header_font_size=”16px” header_line_height=”1.4em” body_font=”||||||||” custom_margin=”||10px” animation_style=”slide” animation_direction=”left” animation_intensity_slide=”5%” animation=”off” locked=”off” _i=”2″ _address=”2.2.1.2″][/et_pb_blurb][et_pb_blurb title=”Edutainment products” use_icon=”on” font_icon=”%%45%%” icon_color=”#ffb337″ icon_placement=”left” content_max_width=”1100px” use_icon_font_size=”on” icon_font_size=”24px” _builder_version=”3.26.6″ header_font=”Lato||||||||” header_font_size=”16px” header_line_height=”1.4em” body_font=”||||||||” custom_margin=”||10px” animation_style=”slide” animation_direction=”left” animation_intensity_slide=”5%” animation=”off” locked=”off” _i=”3″ _address=”2.2.1.3″][/et_pb_blurb][et_pb_blurb title=”Simulators” use_icon=”on” font_icon=”%%45%%” icon_color=”#ffb337″ icon_placement=”left” content_max_width=”1100px” use_icon_font_size=”on” icon_font_size=”24px” _builder_version=”3.26.6″ header_font=”Lato||||||||” header_font_size=”16px” header_line_height=”1.4em” body_font=”||||||||” custom_margin=”||10px” animation_style=”slide” animation_direction=”left” animation_intensity_slide=”5%” animation=”off” locked=”off” _i=”4″ _address=”2.2.1.4″][/et_pb_blurb][et_pb_text _builder_version=”3.26.6″ text_font=”||||||||” text_line_height=”2em” header_font=”||||||||” header_2_font=”Mukta|300|||||||” header_2_font_size=”42px” header_2_line_height=”1.2em” header_4_font=”Mukta Malar|300|||||||” header_4_line_height=”1.3em” animation_style=”slide” animation_direction=”top” animation_intensity_slide=”5%” header_2_font_size_phone=”36px” header_2_font_size_last_edited=”on|phone” locked=”off” _i=”5″ _address=”2.2.1.5″]The IDMTC may be claimed as an alternative to BC’s provincial SR&ED incentive.
This 17.5% refundable tax credit (i.e. refundable in cash) is generally much more lucrative than BC SR&ED and eligibility is also a great deal less subjective.
Our tax specialists can work with you optimize the integration of SR&ED and BC IDMTC claims to ensure that your company has the maximum benefit with the least amount of risk
[/et_pb_text][et_pb_button button_url=”https://suttoninnovation.com/talk-to-us/” button_text=”Book a Free Consultation” _builder_version=”3.27.3″ custom_button=”on” button_text_size=”18px” button_text_color=”#ffffff” button_bg_color=”#004ddd” button_border_width=”0px” button_border_color=”rgba(0,0,0,0)” button_letter_spacing=”0px” button_font=”Mukta|600|||||||” button_icon=”%%3%%” custom_margin=”3vw||” custom_padding=”15px|40px|15px|40px|true|true” animation_style=”slide” animation_direction=”right” animation_intensity_slide=”5%” locked=”off” _i=”6″ _address=”2.2.1.6″][/et_pb_button][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”3.25″ custom_margin=”||||false” custom_padding=”3vw||3vw||true” locked=”off” _i=”3″ _address=”2.3″][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||” _i=”0″ _address=”2.3.0″][et_pb_divider color=”rgba(0,0,0,0.1)” divider_position=”center” divider_weight=”2px” _builder_version=”3.19.8″ height=”1px” _i=”0″ _address=”2.3.0.0″][/et_pb_divider][/et_pb_column][/et_pb_row][et_pb_row column_structure=”2_5,3_5″ _builder_version=”3.25″ _i=”4″ _address=”2.4″][et_pb_column type=”2_5″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||” _i=”0″ _address=”2.4.0″][et_pb_text _builder_version=”3.26.6″ header_font=”||||||||” header_2_font=”Mukta|300|||||||” header_2_font_size=”27px” header_2_line_height=”1.3em” max_width=”700px” custom_margin=”||10px” animation_style=”slide” animation_direction=”top” animation_intensity_slide=”5%” header_2_font_size_tablet=”36px” header_2_font_size_phone=”24px” header_2_font_size_last_edited=”on|phone” header_2_font_size__hover=”26px” header_2_font_size__hover_enabled=”26px” header_2_letter_spacing__hover=”0px” header_2_letter_spacing__hover_enabled=”0px” header_2_line_height__hover=”1em” header_2_line_height__hover_enabled=”1em” header_2_text_shadow_style__hover=”none” header_2_text_shadow_style__hover_enabled=”none” header_2_text_shadow_color__hover=”rgba(0,0,0,0.4)” header_2_text_shadow_color__hover_enabled=”rgba(0,0,0,0.4)” _i=”0″ _address=”2.4.0.0″]BC’s 2017 Budget Update amended the IDMTC program to:
[/et_pb_text][et_pb_divider color=”#2a2a2a” divider_weight=”2px” _builder_version=”3.19.8″ max_width=”50px” animation_style=”slide” animation_direction=”top” animation_intensity_slide=”20%” locked=”off” _i=”1″ _address=”2.4.0.1″][/et_pb_divider][/et_pb_column][et_pb_column type=”3_5″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||” _i=”1″ _address=”2.4.1″][et_pb_blurb title=”Allow eligible business corporations participating in the Small Business Venture Capital Program to claim the credit for tax years that end on or after February 22, 2017.” use_icon=”on” font_icon=”%%45%%” icon_color=”#ffb337″ icon_placement=”left” content_max_width=”1100px” use_icon_font_size=”on” icon_font_size=”24px” _builder_version=”3.26.6″ header_font=”Lato||||||||” header_font_size=”16px” header_line_height=”1.4em” body_font=”||||||||” custom_margin=”||10px” animation_style=”slide” animation_direction=”left” animation_intensity_slide=”5%” animation=”off” locked=”off” _i=”0″ _address=”2.4.1.0″][/et_pb_blurb][et_pb_blurb title=”Allow corporations whose annual qualifying B.C. labour expenses exceed $2 million to claim the credit, even if their principal business is not the development of interactive digital media products, for tax years that end on or after February 22, 2017.” use_icon=”on” font_icon=”%%45%%” icon_color=”#ffb337″ icon_placement=”left” content_max_width=”1100px” use_icon_font_size=”on” icon_font_size=”24px” _builder_version=”3.26.6″ header_font=”Lato||||||||” header_font_size=”16px” header_line_height=”1.4em” body_font=”||||||||” custom_margin=”||10px” animation_style=”slide” animation_direction=”left” animation_intensity_slide=”5%” animation=”off” locked=”off” _i=”1″ _address=”2.4.1.1″][/et_pb_blurb][et_pb_text _builder_version=”3.26.6″ text_font=”||||||||” text_line_height=”2em” header_font=”||||||||” header_2_font=”Mukta|300|||||||” header_2_font_size=”42px” header_2_line_height=”1.2em” header_4_font=”Mukta Malar|300|||||||” header_4_line_height=”1.3em” animation_style=”slide” animation_direction=”top” animation_intensity_slide=”5%” header_2_font_size_phone=”36px” header_2_font_size_last_edited=”on|phone” locked=”off” _i=”2″ _address=”2.4.1.2″]That means corporations using the VCC program to provide tax credits to BC-based investors can also claim the BC IDMTC.
Our tax specialists can help eligible companies navigate the complexities of these lucrative incentive programs.
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[/et_pb_text][et_pb_divider color=”#ffffff” divider_weight=”2px” _builder_version=”3.19.11″ max_width=”50px” height=”2px” animation_style=”slide” animation_direction=”left” animation_intensity_slide=”20%” locked=”off” _i=”1″ _address=”3.0.0.1″][/et_pb_divider][et_pb_text _builder_version=”3.19.11″ text_font=”||||||||” text_line_height=”2em” background_layout=”dark” max_width=”400px” animation_style=”slide” animation_direction=”left” animation_intensity_slide=”5%” locked=”off” _i=”2″ _address=”3.0.0.2″]Our team has extensive experience with Scientific Research and Experimental Development Tax Incentives, allowing companies to apply for tax credits or refunds.
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