NEWFOUNDLAND AND LABRADOR
REGULATION 34/26

Interactive Digital Media Tax Credit Regulations (Amendment)
under the
Income Tax Act, 2000
(O.C. 2026-135)

(Filed July 16, 2026)

Under the authority of section 46.3 of the Income Tax Act, 2000, the Lieutenant-Governor in Council makes the following regulations.

Dated at St. John’s, July 16, 2026.

Karen Stone KC
Clerk of the Executive Council

REGULATIONS

Analysis

        1.   S.3 R&S
Eligible corporation

        2.   S.9 Amdt.
Tax credit certificate

NLR 84/15
as amended

        1. Section 3 of the Interactive Digital Media Tax Credit Regulations is repealed and the following substituted:

Eligible corporation

        3. In order to meet the definition of an eligible corporation in the Act, a corporation shall, at the time of registration of an eligible project and at the time the corporation incurs qualifying expenditures in respect of the eligible project, satisfy all of the following conditions:

             (a)  it shall have a permanent establishment in the province;

             (b)  it shall be incorporated under the Corporations Act or an Act of the Parliament of Canada or of the legislature of a province;

             (c)  it shall primarily carry on the business of interactive digital media development; and

             (d)  all or part of its income is not exempt from taxation under Part I of the federal Act.

        2. Paragraph 9(1)(c) of the regulations is repealed and the following substituted:

             (c)  holds a valid certificate of registration; and

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