How much funding can be received?

Refundable tax credit of 40% of Manitoba book publishing labour costs (up to a maximum of $100,000 per year), including salaries for editing, design and project management; fees to freelancers for editing, design and research; artwork; development of prot

grant_single_labels|terms_and_conditions

The Book Publishing Tax Credit provides financial incentives for publishers by offering a significant tax rebate on eligible Manitoba labour costs. The program is designed to foster growth within Manitoba's book publishing industry.

Refundable credit equal to 40% of eligible Manitoba labour costs.
The maximum credit limit for a publisher is $100,000 per year.
An additional 15% bonus on Manitoba printing costs if the publication uses paper with at least 30% recycled content.

grant_single_labels|projects

The Book Publishing Tax Credit supports publishers in Manitoba with eligible initiatives that enhance the local publishing industry. These activities include labor costs associated with various stages of book production carried out in Manitoba, with additional incentives for environmentally sustainable practices.

Non-refundable author advances.
Salaries for editing, design, and project management.
Fees to freelancers for editing, design, and research.
Art work required for book publication.
Development of a prototype for the book.
Set-up and typesetting activities.
Printing on paper with at least 30% recycled content to earn an additional bonus.

grant_single|admissibleProjectsExample

$ 97,500

Implementation of geothermal heating system for a social enterprise

$ 112,000

Procurement of new machinery for a sole proprietorship's manufacturing unit

$ 100,000

Acquisition and installation of solar thermal heating equipment for a new manufacturing plant

$ 100,000

Purchase of biomass fuel energy equipment for a co-op farm

grant_single_labels|admissibility

Eligibility for corporate tax credits in Manitoba depends on specific criteria related to the business's operations, property, and activities.

The applicant must be a corporation acquiring qualified plant, machinery, and equipment for first-time use in manufacturing or processing in Manitoba.
The corporation must have acquired eligible property after April 12, 2017, to be eligible for credits.
For a manufacturing investment tax credit, equipment must fall under class 43.1 or 43.2, including equipment used to produce renewable energy.
To qualify for the Research and Development Tax Credit, the corporation must have a permanent establishment in Manitoba and perform R&D in Manitoba, possibly under contract with a qualifying research institute.
Payroll for certain tax credits, such as the Film and Video Production Tax Credit, must involve eligible salaries paid to Manitoba residents or qualifying non-resident employees.
Eligibility for other credits, such as the Book Publishing Tax Credit, requires the applicant to be primarily engaged in the publishing industry with a permanent establishment in Manitoba, and to have published a certain number of qualifying Canadian-authored books.
Participation in certain credits, like the Child Care Centre Development Tax Credit, requires creating new licensed child care spaces in Manitoba by a corporation not primarily engaged in child care services.

grant_eligibility_criteria|who_can_apply

Entities that can apply for tax credits under the various Manitoba Corporate Tax Credits include manufacturing businesses, film and video production companies, interactive digital media organizations, book publishers, cultural industry printers, research and development firms, educational institutions involved in R&D, and employers offering paid work experiences. Additionally, businesses engaged in green energy projects, corporations creating child care spaces, and small business venture capitalists are also eligible for specific credits based on their specific activities and eligibility criteria outlined for each credit in the province of Manitoba.

grant_eligibility_criteria|who_cannot_apply

The documentation provided does not explicitly outline specific exclusions for companies or industries not eligible for corporate tax credits in Manitoba. The eligibility criteria are defined for each credit individually.

grant_eligibility_criteria|eligible_expenses

The Manitoba Corporate Tax Credits support various sectors including manufacturing, film production, book publishing, and research and development, among others. These programs aim to encourage investment, innovation, and economic growth in Manitoba through financial incentives.

Acquisition of plant, machinery, and equipment for manufacturing or processing in Manitoba.
Production of eligible film and video projects in Manitoba, focusing on employment of Manitoba residents.
Development of the book publishing industry with credits based on eligible Manitoba labour costs.
Support for scientific research and experimental development performed in Manitoba.
Encouragement of paid work experience for students and apprentices in various trades and industries.
Incentives for production and purchase of machinery for renewable energy generation.
Creation of licensed child care spaces by corporations not primarily engaged in child care services.

grant_eligibility_criteria|zone

This tax credit is targeted specifically to eligible publishers located in the province of Manitoba, Canada. Publishers must have a permanent establishment or be resident in Manitoba to qualify for this grant.

Publishers with a permanent establishment in Manitoba.
Publishers residing in Manitoba.

grant_single_labels|criteria

There are evaluation and selection criteria for this grant. The Manufacturing Investment Tax Credit in Manitoba involves criteria such as the type of equipment acquired, the percentage of tax credit earned, and the application process.

Type of qualified plant, machinery, and equipment acquired for manufacturing or processing
Percentage breakdown of refundable and non-refundable tax credits
Application process administered by Canada Revenue Agency
Specific details on applying for the credit

grant_single_labels|register

Here are the steps to submit an application for the Corporate Tax Credits in Manitoba:

Step 1: Determine Eligibility
- Review the eligibility criteria for each applicable tax credit to determine suitability.
- Check the specific requirements for the Manufacturing Investment Tax Credit, Film and Video Production Tax Credit, or other relevant credits.
Step 2: Gather Required Information
- Collect all necessary documentation such as financial statements, proof of eligible expenditures, and corporate income tax returns.
- Prepare any additional documents needed specific to the tax credit you are applying for.
Step 3: Complete Application Form
- Obtain the required forms for the desired tax credit from the Manitoba government or Canada Revenue Agency websites.
- Fill out the application forms accurately, ensuring all information is complete and up-to-date.
Step 4: Submit Application
- Send the completed forms along with supporting documents to the designated address of the administering body, such as the Manitoba Tax Assistance Office or Canada Revenue Agency.
- Ensure submission before any deadlines to qualify for the credit in the applicable tax year.
Step 5: Confirmation and Follow-Up
- Receive acknowledgment from the tax administration office confirming receipt of your application.
- Follow up if necessary to provide additional information or clarification if requested.

grant_single_labels|otherInfo

Here are additional relevant details for these grants and tax credits:

Some of the tax credits, like the Manufacturing Investment Tax Credit, involve both refundable and non-refundable components, which can affect cash flow planning.
For film productions, a waiver (Form T2029) may be filed to extend application deadlines by up to 18 months, accommodating project timelines.
Environmental sustainability is encouraged in the book publishing industry through additional bonuses for using recycled content materials.
International dimensions such as non-resident employee involvement in film productions are subject to specific conditions affecting credit eligibility.
Educational institutions' involvement in SR&ED potentially influences R&D tax credit eligibility and dynamics.