Quebec book publishing tax credit
QC, Canada
Tax credit for publishing Quebec books and international sales
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateNovember 14, 2019
grant_single|financingType
Tax Credits
grant_single|eligibleIndustries
- Information and cultural industries
grant_single|grantors
- Gouvernement du Québec
- Société de développement des entreprises culturelles (SODEC)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Credit of 27% to 50% on various costs associated with publishing books, comic strips and collections of poetry in Quebec, including developing foreign markets, major publishing projects, translation into other languages and creation of digital versions.
grant_single_labels|projects
This grant is primarily targeted at companies operating within Quebec, Canada, as indicated by the focus on supporting Quebec productions and translations.
- Companies located in Quebec.
grant_single|admissibleProjectsExample
$50,000
Development of a digital library of Quebec literary works for worldwide access including translation and adaptation
$22,500
Publishing a major anthology of contemporary Quebec poetry with digital adaptations and international distribution
$37,500
Translation of Quebec children's books into German for the European market with digital versions available
$30,000
Expanding market reach of Quebec comic books to European countries through translation and digital versions
$50,000
Large-scale digital adaptation and international marketing of Quebec science-fiction novels
$25,000
Publishing an extensive historical novel adapting it into Spanish for the Latin American market
grant_single_labels|admissibility
Eligibility for this tax credit program requires adherence to specific criteria related to the publishing activities and company status.
- The company must be involved in the publishing sector, specifically focusing on book publishing.
- The project must aim to develop foreign markets for Quebec productions, undertake notable publishing endeavors, exploit the translation market, or support digital versions of eligible works.
- The applicant must submit complete documentation through the SOD@ccès portal.
- The company's documents, such as the history, profile, shareholder, and administrator information, must be up-to-date.
- The company should be able to demonstrate financial capacity and operational structure to support the publishing activities.
- The applicant must comply with the guidelines established by the SODEC.
grant_eligibility_criteria|who_can_apply
Publishers located in Quebec engaged in publishing activities that aim to expand foreign markets, undertake large-scale publishing projects, develop the translation market, or support digital versions of eligible books can apply for this tax credit.
grant_eligibility_criteria|eligible_expenses
This grant supports large-scale book publishing projects aimed at expanding the reach of Quebecois literary productions, including international market development and digital editions. The eligible activities focus on translation, market exploitation, and digital version support.
- Developing foreign markets for Quebecois productions.
- Executing large-scale publishing projects.
- Increasing the market exploitation for translation.
- Supporting digital versions to adapt to current realities.
grant_eligibility_criteria|zone
The eligible geographic zone for this grant is Quebec.
- Quebec, Canada
grant_single_labels|criteria
There are evaluation and selection criteria for this grant.
- Complete and compliant applications will be considered for analysis, while incomplete submissions will be declared non-receivable.
- Applicants must ensure all required documents are attached and follow the guidelines outlined in the submission process.
grant_single_labels|register
- Step 1: Review Guidelines
- Consult the credit guidelines to ensure eligibility and understand the requirements.
- Review notions of financial assistance as outlined in the guidelines provided by SODEC.
- Step 2: Prepare Required Documentation
- Collect all necessary documents including the company's history, activities, and key achievements.
- Download and complete necessary templates like the Identification of Shareholders and Directors and any declarations required.
- Step 3: Create Profile on SOD@ccès
- Access the SOD@ccès portal and create a user profile if you are a new user.
- Step 4: Select the Appropriate Form
- Log into SOD@ccès and select the appropriate program number for the tax credit application "Crédit d'impôt remboursable pour l'édition de livres" either as prior decision or certificate form.
- Step 5: Complete and Upload Application
- Answer all specific questions in the form and upload all required documents.
- Ensure that documents are correctly named as per guidelines (e.g., BookTitle-DocumentType).
- Step 6: Submit Application
- Complete and submit your application through the SOD@ccès portal.
- Ensure all documents are included to prevent the application from being deemed incomplete and rejected.
- Step 7: Manage Payments
- Register for pre-authorized payment and debit services for payment of application fees.
- Complete forms for automatic debit and attach a specimen cheque.
grant_single_labels|otherInfo
Here are additional relevant details for the SODEC Refundable Tax Credit for Book Publishing:
- Submission strictly via the secure electronic portal SOD@ccès is mandatory.
- It is critical to prepare all required documentation before submission to ensure compliance.
- Applicants must register for pre-authorized debit and payment services for fee transactions, as checks are no longer accepted.
grant_single_labels|contact
annie.gagne@sodec.gouv.qc.ca
Apply to this program
Elevating Quebec's Publishing Industry Through Tax Credits
The Société de développement des entreprises culturelles (SODEC) offers a refundable tax credit aimed at bolstering Quebec's publishing market by supporting large-scale publishing projects and the international expansion of Quebec productions. This measure also emphasizes the growth of digital offerings and translation projects to better penetrate global markets.
In-Depth Guide to the SODEC's Refundable Tax Credit for Book Publishing
The SODEC's refundable tax credit for book publishing is strategically designed to elevate the international presence of Quebec's literary creations, advance large-scale project realization, and expand into the translation markets. Geared specifically towards publishers rooted in Quebec, this program acknowledges the evolving nature of the literary world and the significant shift towards digitalization. By widening the eligibility to include digital versions of existing publications, the initiative not only adapts to current market trends but also anticipates future demand, fostering resilience in the face of changing consumer preferences.
The principal objective of this tax measure is to provide substantial financial support that enables publishers to explore and develop new markets beyond Quebec's borders. This includes incentivizing projects that show potential for significant cultural export, thereby ensuring Quebec's rich tapestry of stories and voices reach a larger global audience. By focusing resources on projects with the capacity for international appeal, the initiative helps sustain the vibrancy and economic health of Quebec's cultural ecosystem.
Eligible publishers are encouraged to focus on comprehensive project applications that illustrate not only their past achievements and ongoing initiatives but also demonstrate clear strategies for market expansion and adaptation to digital trends. The detailed application process necessitates a robust presentation of the publishing house's history, its financial health through validated statements, and the strategic intent underlying new projects. These criteria help ensure support for operations with a solid foundation and viable future plans.
Another core aspect of the program is its emphasis on translated works. By promoting translations, SODEC acknowledges the linguistic diversity of international markets and the paramount role translation plays in bridging cultural gaps. Facilitating the availability of Quebec literature in multiple languages significantly enhances its access and appeal to non-French-speaking audiences, broadening the outreach of the province's literary arts.
The comprehensive support offered by SODEC through this initiative is not solely financial but also strategic. By encouraging alignment with established objectives like market expansion and digital growth, the tax credit serves as an instrumental tool for publishers aiming to leverage their cultural products into sustainable business ventures. This ensures that the investments not only support current innovations but also pave the way for continuous development and competitive performance on an international scale.
Overall, this refundable tax credit for book publishing aligns with SODEC’s commitment to nurturing a dynamic and competitive Quebec cultural industry. By incentivizing expansion beyond national borders and fostering adaptability through digital innovations and translations, SODEC is setting the stage for a new era of cultural export, where Quebec’s creative expressions can flourish and make a significant impact worldwide.
