Manitoba cultural industries printing tax credit

This refundable tax credit for Manitoba printers is based on the eligible printing costs incurred and paid before 2019 in producing eligible books.

The credit is calculated as

tax credit = 35% x L x (R1/R2)

where:

• L is the total of the amounts paid by the printer in the tax year, and before 2019, as salary or wages to its employees who were resident in Manitoba on December 31 of that tax year for their employment in the printer’s book printing division
• R1 is the printer’s eligible printing revenue for the tax year
• R2 is the total book printing revenue, other than revenue from the printing of yearbooks, earned by the printer in the tax year and before 2019

Before 2015, the credit was equal to 15% of eligible printing costs.

You can claim this credit if you are engaged in the business of printing books in Manitoba and have a permanent establishment in Manitoba.

The following conditions apply:

• the maximum revenue is capped at $200,000 per book title
• at least 90% of the book must be new material that has not already been published
• if the book contains pictures and is not a children’s book, at least 65% must be text
• the printer must demonstrate that the book is for sale through an established distributor

An eligible book is a non-periodical Canadian-authored publication. It is classified as fiction, non-fiction, poetry, drama, biography or children’s. An eligible book must be printed before 2019.

Claiming the credit

On line 611 of Schedule 5, Tax Calculation Supplementary – Corporations, enter the amount of the credit you are claiming.

Forms and publications

• Schedule 5, Tax Calculation Supplementary – Corporations

Government partners

• Manitoba (provincial site)

Date modified:

2017-04-20