On February 23, 2022, the Alberta Wheat Commission announced that Alberta Wheat growers who did not request a refund of their check-off fees qualify for an SR&ED tax credit for the 2021 tax year at a rate of 31% Alberta Wheat Growers 2021 SR&ED Tax Credits The Alberta Wheat Commission Read more…
The Saskatchewan Wheat Development Commission announced that Saskatchewan Wheat growers who did not request a refund of their check-off fees qualify for an SR&ED tax credit for the 2021 tax year at a rate of 69.93%. In addition, 48.97% of their levy contributions may be claimed as a qualifying expenditure Read more…
On February 1, 2022, the Alberta Canola Producers Commission announced that Alberta Canola growers who did not request a refund of their check-off fees qualify for an SR&ED tax credit for the 2021 tax year at a rate of 14.59% Alberta Canola Growers 2021 SR&ED Tax Credits The Alberta Canola Read more…
This post outlines Scientific Research and Experimental Development (SR&ED) program updates from October-December 2021, including administrative, policy, tax law, and court cases. With Covid-19 continuing to affect the country’s focus and atmosphere, SREDucation has been busy keeping our readers up to date. We have identified some key trends to watch Read more…
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…