COVID-19 has impacted processing SR&ED claims at the Canada Revenue Agency (CRA), but today SR&ED filers received great news! The CRA announced on their website that: The Scientific Research and Experimental Development (SR&ED) Program is returning to normal activities. We are starting to contact claimants by phone to advance reviews Read more…
One of the recent legal rulings related to SR&ED was Béton Mobile du Québec Inc. c. La Reine (2020). We were invited to present our thoughts at the recent SR&ED Stakeholders meeting. In this post, we will summarize our presentation of the BMQ case, a detailed analysis, and concrete lessons Read more…
The Canadian Advanced Technology Alliance (CATA) calls on feds to protect Canadian taxpayer $36B annual innovation investment and endowment, the Resilience Rebound Emergency (RRE) Program, a proposed new program. Canadian Tech Businesses There are 13,000 small and medium-sized Canadian owned tech businesses that participate in the scientific research and development Read more…
What is a “specified employee” in SR&ED, and how does the understanding of this term impact an SR&ED claim? Small businesses account for just under 98 percent of all firms in Canada,1 and a 2005 survey by Canadian Advanced Technology Alliance (CATA) revealed that 69% of its respondents belonged to Read more…
This OpEd is provided courtesy of the CATA Alliance. For additional information please visit their website https://cata.ca/ and our prior piece on their work. Canadian Government Hesitation To Significantly Support The Technology Sector Will Cost Us All The impact of COVID-19 on economies around the world has been massive. How Read more…