Ontario refundable media tax credits

The CRA, through the Film Services Units, reviews and audits the Ontario refundable media tax credit claims mentioned below.

Notes
Before claiming the credit, send a completed Ontario Media Development Corporation (OMDC) application form to the OMDC.

Online application for OMDC is mandatory since April 1, 2011.

For tax years ending after 2009, all corporations with annual gross revenue of more than $1 million have to Internet file their T2 return, except for insurance corporations, non-resident corporations, corporations reporting in functional currency and corporations that are exempt from tax payable under section 149 of the Income Tax Act.

If you have to file a certificate with your return and you are filing your T2 return electronically, send the document(s) to your tax centre. You can find the address of your tax centre at Where to send your corporation income tax (T2) return. Clearly identify your corporation's name, business number, and the applicable tax year end on the documents.

Forms and publications

• T2 Corporation Income Tax Return
• T2 Corporation Income Tax Guide (T4012)
• Schedule 5, Tax Calculation Supplementary - Corporations

Government partners

• Ontario (Ministry of Revenue)
• Ontario Media Development Corporation (OMDC)