Manitoba Book Publishing Tax Credit
$100,000.00
Tax Credit
Description:
The Book Publishing Tax Credit assists the development of the book publishing industry in Manitoba by providing a tax credit equal to 40% of eligible Manitoba labour costs.
Comments on Funding:
1. The maximum tax credit claimable by a publisher is $100,000 per year.
2. To promote environmental sustainability in this industry, an additional bonus equal to 15% of the Manitoba printing costs can be earned by the publisher if an eligible book is printed on paper with a minimum of 30% recycled content. Eligible printing costs must be incurred and paid in the year of publication of the eligible book or in the immediately following year.
Rolling deadline
Eligibility:
Applicant must:
1. be an eligible publisher that is engaged primarily in the business of publishing books,
2. have a permanent establishment or be resident in Manitoba,
3. pay at least 25% of its wages and salaries to employees who are Manitoba residents,
4. have recently published at least two qualifying books,
5. incur and pay eligible labour costs in Manitoba before December 31st, 2024. Eligible labour costs include non-refundable author advances; and remuneration for activities carried out in Manitoba, including: salaries for editing, design and project management; fees to freelancers for editing, design and research; artwork; development of prototype; and set-up and typesetting. A qualifying book:
6. is a new, non-periodical publication that is Canadian-authored and is categorized as fiction, non-fiction, poetry, biography or children’s.
7. published the book before 2025.
Application Steps:
Applicants must contact:
Arts Branch
Sport, Culture and Heritage
Telephone: 204-945-7581 artsbranch@gov.mb.ca
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
This income tax credit is administered by the Canada Revenue Agency on behalf of Manitoba.
About the author
Maurice
