Cultural Industries Printing Tax Credit
No fixed amount
Tax Credit
Description:
Manitoba printers are eligible for a 35% refundable Cultural Industries Printing Tax Credit on salary or wages to its employees who were resident in Manitoba on December 31 of that tax year for their employment in the printer’s book printing division.
Comments on Funding:
Rolling deadline
Eligibility:
Applicants must:
1. be Manitoba printers;
2. be in book printing businesses;
3. have the maximum revenue capped at $200,000 per book title, at least 90% of the book must be new material that has not already been published, if the book contains pictures and is not a children’s book, at least 65% must be text, and the printer must demonstrate that the book is for sale through an established distributor.
Application Steps:
Applicants must contact:
Manitoba Tax Assistance Office
110A – 401 York Avenue
Winnipeg, MB R3C 0P8
Phone: 204-948-2115 or 1-800-782-0771 (in Manitoba) Fax: 204-948-2263
E-mail: tao@gov.mb.ca
Website: www.gov.mb.ca/finance/tao/index.html
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
This refundable tax credit for Manitoba printers is based on the eligible printing costs incurred and paid before 2025 in producing eligible books.
https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/corporations/provincial-territorial-corporation-tax/manitoba-provincial-corporation-tax/manitoba-cultural-industries-printing-tax-credit.html
About the author
Maurice
