  Ontario credits and deductions |
Use Book-Publish to enter the qualified expenditures in respect of literary works by first-time Canadian authors in order to calculate the book publishing refundable tax credit.
The following options are applicable for the keyword Book-Publish.
Ontario book publishing tax credit Enter the qualified expenditures in respect of literary works by first-time Canadian authors in order to calculate the book publishing refundable tax credit. Only book publishing companies that are Canadian-controlled corporations throughout the year and carry their business through a permanent establishment in Ontario are eligible for this credit.
British Columbia book publishing tax credit A refundable book publishing tax credit is available to corporations that carry out their business primarily in British Columbia and whose taxation years end after September 30, 2002.
This credit will appear on federal Schedule 5.
Manitoba book publishing tax credit The Manitoba book publishing tax credit is a refundable credit that is equal to 40% of the eligible book publishing labour costs to a maximum of $100,000. An additional 15% credit is available for eligible printing costs.
This credit will appear on federal Schedule 389.
Quebec book publishing (before March 22, 2023)
Quebec book publishing (after March 21, 2023)
Select
Use Name.b to enter the corporation's name from the Certificate of Eligibility, if different than corporation's legal name.
Enter the name of the partnership using the keyword Partner-Name.b, for purposes of the Schedule 564. The same name must also be entered in the keyword Name.re within the RelatedParty group in order to allow entry of other data pertaining to the partnership.
Use the keyword Certificate-Num to enter the number of the certificate of eligibility.
Use the keyword #LITERARY-WORKS to enter the number of literary works.
Use the keyword Cert-Number.b to enter the number of the advanced ruling or the number of the certificate.
Use the keyword Title.b to enter the title of literary work.
Use the keyword Author to enter the name(s) of the author(s) or illustrator(s).
Use the keyword DatePublication to enter the date of publication.
Use the keyword Date.b to enter the date of certificate.
The following options are applicable for the keyword Date.b.
Use the keyword Genre to enter the genre of the eligible literary work.
Use Advance-Exp to enter the qualifying expenditures consisting of non refundable monetary advances to the author. This information will appear on federal schedule 564 in order to calculate the total qualifying expenditures eligible for the book publishing tax credit.
Use Tech-Exp to enter the pre-production costs for activities carried out principally in Ontario and including salaries and wages for editing, design and project management, freelance costs for editing, and artwork.
The following options are applicable for the keyword Tech-Exp.
Salaries & wages for editing, design, project mgt
Freelance fees for editing, design, research
Artwork, setup and typesetting
Salaries, wages, fees or other for scanning, editing
Use Printing-Exp to enter 50% of production costs for activities carried out principally in Ontario such as printing, binding, and assembly.
Use Market-Exp to enter promotional costs incurred within 12 months of the publication date. These include advertising, sales salaries, and promotional tours of the author.
The following options are applicable for the keyword Market-Exp.
Book promotional tours of author
Meals & entert. of author on promotional tours
Salaries and wages relating to marketing
Other amounts
Use Assist-Book to enter any government assistance that has been received, and any amounts that the publisher is entitled to or expected to receive with respect to expenditures.
Use Prev-Claim to enter the amount of qualifying expenditures that were previously claimed. This amount will be deducted from the qualifying expenditures in order to obtain the amount of such expenditures still eligible for the credit.
The following options are applicable for the keyword Prev-Claim.
Use the keyword Contribution.b to enter the amount of book publishing industry development program contribution.
DT Max will calculate 90% of the contribution to obtain the British Columbia book publishing tax credit which will appear on federal schedule 5.
Use the keyword Labour-Costs.b to enter the book publishing labour costs for purposes of the Manitoba book publishing tax credit.
The following options are applicable for the keyword Labour-Costs.b.
Salaries paid to Man. eligible employees
Salaries paid to all employees
Contracted Manitoba labour costs paid
Use the keyword Title-Book to enter the title of the eligible book.
Use the keyword Author.b to enter the name(s) of the author(s).
Use the keyword ISBN to enter the international standard book number.
Use the keyword Date-Published to enter the date of publication of the eligible book.
Use the keyword Number-Pages to enter the number of pages attributable to eligible book published in the tax year.
Use the keyword Number-Books to enter the number of books in print run.
Use the keyword Format to indicate whether the book is in hardcover, paperback or electronic format.
The following options are applicable for the keyword Format.
Hardcover
Paperback
Electronic
Use the keyword Classification to indicate the book type.
The following options are applicable for the keyword Classification.
Fiction
Non-fiction
Poetry
Drama
Biography
Children
Use the keyword Total-Pages to enter the total number of pages attributable to all books published in the tax year.
Use the keyword Advances.b to enter the total non-refundable monetary advances made to authors of eligible books in the tax year.
Use the keyword Print-Costs to enter the eligible printing costs paid in the tax year for eligible books printed on at least 30% recycled content comprised of post-consumer waste paper.
The following options are applicable for the keyword Print-Costs.
Use the keyword Book-Expenses to enter information relating to labour expenditures attributable to preparation costs or to printing costs.
The following options are applicable for the keyword Book-Expenses.
Use the keyword Cost.b to enter the printing costs or the preparation costs for the year.
Use the keyword Assistance.b to enter the amount of assistance received.
The following options are applicable for the keyword Assistance.b.
Assistance, benefit or advantage - salaries
Assistance, benefit or advantage - advances
Assistance, benefit or advantage - compens. to individuals
Assistance - Comp. to QC corp. offering services from ind.
Assistance, benefit or advantage - compens. to corp
Assistance, benefit or advantage - compens. to partnership
Assist., benefit or adv. - 3rd pty dealing at arm's length
Assistance, benefit or advantage - cost
Use the keyword Salaries.b to enter the salaries and wages paid.
Use the keyword Advances to enter the non-refundable advances paid to a Quebec author.
Use the keyword Remuneration.b to enter amounts for other remuneration directly attributable to the costs.
The following options are applicable for the keyword Remuneration.b.
Remuneration paid to individuals
Remuneration paid to corporations
Remuneration paid to partnerships
Remun. paid to QC corp. offering services of individual
Remuneration paid to a 3rd party dealing at arm's length
Use the keyword Repayment.b to enter the amount and type of repayment.
The following options are applicable for the keyword Repayment.b.
Government & non government assistance (Que.) Enter the amount of government or non government assistance repaid by the corporation.
Assist., benefit or advantage - costs
Assistance, benefit or advantage - costs
Use the keyword Prev-Yr-Info.b to enter the information pertaining to previous years.
The following options are applicable for the keyword Prev-Yr-Info.b.
Costs - previous years
Qual. costs - previous years
Cumulated costs - previous year
Costs in previous years
Qualified costs in previous years
Cumulated costs in previous year
Special tax payable (part III.1) - prev. years Enter the amount of special tax payable for a previous taxation year.
Repayment of gov./non gov. assist. - prev. years Enter the amount of repayment of government or non government assistance for a previous taxation year.
Gov./non gov. ass. not used to reduce exp. Enter the amount of government or non government assistance allocated to labour expenditures, for a previous taxation year, which has not helped reduce the expenditure for that year.
Benefit or advantage not used to reduce exp.
Gov./non gov. ass. not used to reduce cost
Benefit or advantage not used to reduce cost
Special tax on prior year assistance
Special tax on prior year benefit or advantage
Tax credit from previous years
If the work, or the work from a group of works, has been published jointly with one or several qualified corporations, enter, in percentage, the corporation's share in the publishing costs related to the preparation and the printing of the work, or the work from a group of works.
Use the keyword CreditOV.b to override the Quebec tax credit for book publishing claimed in the current year as calculated by DT Max.
Use OITCContract if the corporation made contract payments or received contract amounts which are eligible for the Ontario innovation tax credit. Enter the name and address of the contractor in the "Other R&D-Related party" RelatedParty group so that this information appears on the OITC form.
Use Contract-Rec if the corporation claiming the Ontario innovation tax credit has received a contract amount which is included in an OITC claim. Information related to the receipt is requested on the OITC claim form.
Use Expend-Reduc to enter the amount of actual expenditure reduction, if any, related to the amount entered in Contract-Rec.
Whether the payment or receipt of the contract payment is an arm's length transaction is requested on the Ontario innovation tax credit (OITC) claim form.
The following options are applicable for the keyword ArmsLength.
Use the keyword Ont-ROITC if you wish to claim the Ontario regional opportunities investment tax credit (federal Schedule 570).
The following options are applicable for the keyword Ont-ROITC.
Qual. property acquired in current year - Sch. 570 Effective March 25, 2020, Ontario has introduced the Regional opportunities investment tax credit (ROITC), a 10 per cent refundable tax credit. The ROITC is available for eligible expenditures that exceed $50,000 in a tax year to a maximum of $500,000 in the year. The maximum amount of the credit is capped at $45,000 per year. The credit is prorated for short taxation years. The unused balance of the ROITC can be carried forward to the following taxation year.
Unclaimed exp. for qual. property in short year - Sch. 570 Select this option if you have an unused balance of the ROITC due to unclaimed expenditures from a short year that started less than 365 days before the tax year.
Use the keyword ShortYear-Start to enter the tax year start of the short year of the corporation or a predecessor corporation.
Use the keyword ShortYear-End to enter the tax year end of the short year of the corporation or a predecessor corporation.
Use the keyword ITC-Exp to enter the capital cost of eligible property that is capital property included in capital cost allowance class 1 or class 6 with some exceptions.
Expenditures for these classes include costs for constructing, renovating or acquiring eligible commercial and industrial buildings. If the property is a building, or an addition or alteration to a building, at the end of the tax year at least 90% of the floor space of the building must be used for a non-residential use. The property has to be located wholly within the qualifying region. Contracts for eligible expenditures must be at arm's length.
The following options are applicable for the keyword ITC-Exp.
Use Description.p to enter the description of the qualified property.
Use the keyword Region.p to choose the designated region where the eligible property is located.
The following options are applicable for the keyword Region.p.
16 City of Kawartha Lakes
41 County of Bruce
34 County of Elgin together with the City of St. Thomas
37 County of Essex with City of Windsor & Township of Pelee
10 County of Frontenac together with the City of Kingston
42 County of Grey
46 County of Haliburton
12 County of Hastings w/ Cities of Belleville & Quinte West
40 County of Huron
38 County of Lambton
09 County of Lanark together with the Town of Smiths Falls
11 County of Lennox and Addington
39 County of Middlesex together with the City of London
14 County of Northumberland
32 County of Oxford
31 County of Perth with City of Stratford & Town St. Marys
15 County of Peterborough with the City of Peterborough
13 County of Prince Edward
47 County of Renfrew together with the City of Pembroke
57 District of Algoma
56 District of Cochrane
60 District of Kenora
51 District of Manitoulin
44 District of Muskoka
48 District of Nipissing
49 District of Parry Sound
59 District of Rainy River
52 District of Sudbury with the City of Greater Sudbury
58 District of Thunder Bay
54 District of Timiskaming
36 Municipality of Chatham-Kent
07 Un. County Leeds,Grenville,Brockville,Gananoque,Prescott
02 United Counties of Prescott and Russell
01 United Counties of Stormont, Dundas, Glengarry, Cornwall
Use DateAcquired.p to enter the date the property became available for use.
Use Number-DaysOV to override the number of days in the period that starts on the first day of the short year and ends on the day before the start of the tax year as calculated by DT Max.
Use the keyword CreditOV to override the Ontario regional opportunities investment tax credit claimed in the current year as calculated by DT Max.
Use Sound-Record to enter qualified expenditures that have been incurred for the sound recording.
The following options are applicable for the keyword Sound-Record.
Use the keyword Property-Type to indicate the type of property.
The following options are applicable for the keyword Property-Type.
Use the keyword Cert-Number.s to enter the number of the favourable advance ruling or final certificate.
Use the keyword Title.s to enter the title of sound recording.
Use the keyword Advance-Ruling.s to indicate when the application for an advanced ruling or a certificate has been submitted to the SODEC.
The following options are applicable for the keyword Advance-Ruling.s.
Application before March 11, 2020 The application for an advance ruling or a certificate has been submitted to the SODEC before March 11, 2020.
Application after March 10, 2020 The application for an advance ruling or a certificate has been submitted to the SODEC after March 10, 2020.
Use the keyword Cost.s to enter the production cost at the end of the prior taxation year.
Use the keyword Prod-Expenses.s to enter the production costs directly attributable to the production of the property, incurred and paid in the year.
The following options are applicable for the keyword Prod-Expenses.s.
Use the keyword Salaries.s to enter the salaries and wages paid.
Use the keyword Remuneration.s to enter amounts for other remuneration directly attributable to the production.
The following options are applicable for the keyword Remuneration.s.
Remuneration paid to individuals
Remuneration paid to corporations
Remuneration paid to partnerships
Remun. paid to QC corp. offering services of individual
Use the keyword Assistance.sr to enter the amount of assistance received.
The following options are applicable for the keyword Assistance.sr.
Assistance, benefit or advantage - salaries
Assistance, benefit or advantage - compens. to individuals
Assistance - Comp. to QC corp. offering services from ind.
Assistance, benefit or advantage - compens. to corp
Assistance, benefit or advantage - compens. to partnership
Assistance, benefit or advantage - cost
Use the keyword Repayment.s to enter the amount and type of repayment.
The following options are applicable for the keyword Repayment.s.
Use the keyword PrevYrInfo.s to enter the information pertaining to previous years.
The following options are applicable for the keyword PrevYrInfo.s.
Labour expenditures - previous years
Qualified labour expenditures - all prev. years
Special tax payable - prev. years
Repayment of gov./non gov. assist. - prev. years
Gov./non gov. ass. not used to reduce exp.
Benefit or advantage not used to reduce exp.
Gov./non gov. ass. not used to reduce cost
Benefit or advantage not used to reduce cost
Special tax on prior year assistance
Special tax on prior year benefit or advantage
Use the keyword CreditOV.s to override the Quebec sound recording tax credit claimed in the current year as calculated by DT Max.
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Name.b 
Title-Book 
Author.b