What tax credits are available for software companies in Ontario?
OITC: 10% tax credit for SR&ED expenses (extra 10% on top of SR&ED for Ontario companies).
ORDTC: 4.5% non-refundable tax credit for SR&ED-eligible expenses.
OIDMTC: 40% credit for development & marketing "interactive digital media products".
ONTTI: 100% deduction for acquiring some types of IP from an "unrelated person".
CETC: 30% credit for hiring co-op students.
Ontario Tax Exemption for Commercialization: If your company was established a couple years ago and is commercializing IP from a university then you may be eligible for a ten year tax exemption.
Note: these are quick summaries of complicated government tax incentives. Please thoroughly read the eligibility criteria.