Tax Credit
Ontario Book Publishing Tax Credit
The Ontario Book Publishing Tax Credit (OBPTC) is a refundable tax credit. It is available to Ontario book publishing companies that publish and promote literary works by Canadian authors. The Canada Revenue Agency (CRA) administers the program on behalf of Ontario through the federal income tax system.
- 4.5/5.0
- Ontario. Ontario Creates
- All levels
- Last updated 3 years ago
- English
Description
The Ontario Book Publishing Tax Credit (OBPTC) is a refundable tax credit. It is available to Ontario book publishing companies that publish and promote literary works by Canadian authors. The Canada Revenue Agency (CRA) administers the program on behalf of Ontario through the federal income tax system.- To provide with the tax credit of 30% of the eligible Ontario expenditures incurred by a qualifying corporation with respect to eligible book publishing activities, up to a maximum tax credit of $30,000 per book title.