On March 31, 2021, the Tax Court of Canada (TCC) delivered a ruling on a Scientific Research & Experimental Development (SR&ED) investment tax credit (ITC) claim. In the case of Allegro Wireless Canada Inc. v. The Queen (2021), Justice Steven K. D’Arcy allowed the appeals with a reassessment of expenditures Read more…
On October 5, 2020, the Court of Quebec delivered a ruling on a Scientific Research and Experimental Development (SR&ED) investment tax credit (ITC) appeal. In the case of MDA Systems Ltd. c. Agence du Revenu du Quebec (2020), Justice Daniel Bourgeois ruled in favour of MDA and dismissed the Appeal, Read more…
As many taxpayers typically opt to use the Proxy method to calculate their returns, we thought it pertinent to delve further into how to calculate the Prescribed Proxy Amount (PPA), what exactly the PPA Cap is, and how they may affect your claim. In the past, we have discussed the Read more…
A recent legal ruling brought to light the issue of what happens when Scientific Research and Experimental Development (SR&ED) consultants and their clients do not agree. The answer is in the contract. This ruling highlights the importance of both sides reading and agreeing to the details in the agreement as Read more…
In 2019, there were sixteen legal rulings that dealt with scientific research and experimental development (SR&ED). In this post we will do an analysis of the legal rulings and how lessons learned from others can help you with your future SR&ED claims. Out of sixteen rulings, only five were successful Read more…