Tax Credit
Book Publishing Tax Credit
To assist the development of the book publishing industry in Manitoba, the refundable Book Publishing Tax Credit is equal to 40% of eligible Manitoba labor costs.
- 4.5/5.0
- Manitoba. Finance
- All levels
- Last updated 3 years ago
- English
Description
To assist the development of the book publishing industry in Manitoba, the refundable Book Publishing Tax Credit is equal to 40% of eligible Manitoba labor costs.
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. The maximum tax credit claimable by a publisher is $100,000 per year.