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Canada: Ontario budget legislation includes digital media tax credit changes

Canada: Ontario budget legislation

The 2019 Ontario budget bill received Royal Assent and has been enacted.


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The legislation includes certain tax measures including:

  • A decrease to the minimum Ontario labour expenditure required for a business to qualify as a specialized digital game corporation for purposes of the Ontario interactive digital media tax credit (the required minimum expenditure is now $500,000* reduced from $1 million), effective for tax years beginning after 11 April 2019)
  • Introduction of a new refundable Ontario “childcare access and relief from expenses” (CARE) individual income tax credit for tax years ending after 31 December, 2018
  • Removal of the estate administration tax on the first $50,000 of an estate's value when the application for the estate certificate is made on or after 1 January 2020

Read a June 2019 report prepared by the KPMG member firm in Canada


* $ = Canadian dollar

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