QUEBECOR MEDIA INC | CIK:0001156831 | 3

  • Filed: 3/27/2018
  • Entity registrant name: QUEBECOR MEDIA INC (CIK: 0001156831)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1156831/000110465918020431/0001104659-18-020431-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1156831/000110465918020431/qbmi-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001156831
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  • ifrs-full:DescriptionOfAccountingPolicyForGovernmentGrants

     

    (l)    Tax credits and government assistance

     

    The Corporation has access to several government programs designed to support production and distribution of televisual products and movies, as well as music products, magazine and book publishing in Canada. In addition, the Corporation receives tax credits mainly related to its research and development activities, publishing activities and digital activities. Government financial assistance is accounted for as revenue or as a reduction in related costs, whether capitalized and amortized or expensed, in the year the costs are incurred and when management has reasonable assurance that the conditions of the government programs are met.