Should I withhold filing the Corporate Tax Return until I have received the OIDMTC Certificate?
OIDMTC Filing
No. File your tax return with the estimated OIDMTC amount as follows:
For tax years that end on or after January 1, 2009, file the T2 Corporation Income Tax Return along with schedule T2SCH560 “Ontario Interactive Digital Media Tax Credit (2009 and later tax years)” with the Canada Revenue Agency (CRA) along with the estimated OIDMTC amount. Once the Certificate of Eligibility is received from Ontario Creates, submit the Certificate of Eligibility (or copy) to the CRA. CRA will process the claim once they have received the OIDMTC Certificate of Eligibility as well as the T2 Corporation Income Tax Return and applicable schedules. You will receive your assessments and reassessments from the CRA.