Commentary in the media regarding SR&ED.
On January 6, 2022, the Tax Court of Canada (TCC) released a Notice to the Public and the Profession stating that all in-person sittings of the TCC between January 10, 2022, and January 28, 2022, inclusively have been cancelled. This decision was made in light of the ongoing pandemic. The Read more…
While rumours swirl about a fall election, political parties are putting out their position statements about economic policy. On August 11, 2021, The Honourable Erin O’Toole, leader of Canada’s Conservatives revealed his plan for innovation and Scientific Research and Experimental Development (SR&ED) program reform called “Canada’s Recovery Plan”.1 Details of Read more…
The Tax Court of Canada announced an update to their in-person hearings on June 1, 2021, in a Notice to the Public and the Profession. It was announced on June 1, 2021, that in light of the ongoing pandemic the Chief Justice of the Tax Court of Canada has cancelled Read more…
On August 13, 2021, the Canada Revenue Agency (CRA) announced a new scientific research and experimental development (SR&ED) policy document: Guidelines on the eligibility of work for scientific research and experimental development (SR&ED) tax incentives. This document replaced the Eligibility of Work for SR&ED Investment Tax Credits Policy which has Read more…
On June 7, 2021, the “What’s New – SR&ED Program” page on the Canada Revenue Agency’s (CRA) page released information on filing extensions for income tax returns and scientific research and experimental development (SR&ED) investment tax credits (ITCs) that had been extended due to COVID-19. While an extension is being Read more…