Manitoba book publishing tax credit

Important notice 

An extension to the Manitoba book publishing tax credit has been announced. See what's new for Manitoba corporations.

You can claim this credit if you meet all of the following conditions :

  • you are engaged mainly in the business of publishing books or you operate a book publishing business as a university press
  • you have a permanent establishment in Manitoba
  • you pay at least 25% of the wages and salaries to employees who are Manitoba residents
  • you have published at least two eligible books within the two-year period ending at the end of the tax year

An eligible book is a first edition, non-periodical Canadian-authored publication. It is classified as:

  • fiction
  • non-fiction
  • poetry
  • drama
  • biography
  • children's

An eligible book must be published before 2020.

The credit is equal to 40% of eligible Manitoba labour costs, including non-refundable monetary advances made in the tax year to authors of eligible books, to a maximum of $100,000 per year. Eligible labour costs must be incurred and paid in Manitoba by the publisher before 2020.

The credit also includes non-refundable monetary advances and labour costs related to publishing an electronic version of an eligible literary work.

An additional bonus of 15% on Manitoba printing costs can be claimed if the book is printed on paper with a minimum of 30% recycled content. For this bonus, eligible printing costs must be incurred and paid within one year of publication of the eligible book.

The credit is fully refundable.

Claiming the credit

File a completed Schedule 389, Manitoba Book Publishing Tax Credit, with your return, no later than 18 months after the end of the tax year for which you are claiming the credit.

On line 615 of Schedule 5, Tax Calculation Supplementary – Corporations, enter the amount of the credit you are claiming.

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