Crédit d’impôt pour soutenir la presse d’information écrite (Tax Credit to Support Print Media Companies)

By mmuise
Description:

This tax credit supports Québec print media companies by offering them a tax credit of up to $26,250 a year for each eligible employee.


Comments on Funding:

Funding takes the form of a refundable tax credit equal to 35% of the salaries of eligible employees hired after December 31, 2018.

Deadline: Rolling deadline
Eligibility:

Eligible companies must:

  • be corporations that have an establishment in Québec;
  • be producing and distributing written information media recognized as eligible media, meeting the criteria as follows:
    a) It is produced and distributed daily or periodically ( at least 10 times a year ) in print, Web or mobile format (application reserved for information);
    b) It has been produced and distributed for at least 12 months before the filing of the first application ;
    c) It publishes original written content of general interest that is specifically aimed at the Quebec population and that covers at least three of the following seven themes : politics, the municipal world, the international situation, culture, business and the economy , local news, miscellaneous facts;
    d) The newsroom is located in an establishment located in Canada of the company that publishes it and the persons responsible for the original written information content — reports, portraits or interviews, analyses, columns, investigative files and editorials — are journalists .

    Eligible employees must:
  • hold a full-time job;
  • devote at least 75% of his work time to undertaking or directly supervising eligible activities, namely those:
    a) relating to the production of original written information content intended for broadcast in a qualifying medium of the company; or
    b) the operation of information technologies related to the production or the diffusion of such content.
Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise