The 5 Questions For SR&ED – Intent and Evolution The Scientific Research and Experimental Development (SR&ED) program uses 5 questions to determine the eligibility of the work performed. While it is important to know the Canada Revenue Agency (CRA) policies, it is also helpful to review the Tax Court of Read more…
Last March, the Department of Finance Canada released its 2018 Report on Federal Tax Expenditures. In previous years, the projected figures of the federal government’s revenue being spent on the SR&ED tax credit had been declining. What does this year’s report say? If you compare the Report on Federal Tax Read more…
Framing SR&ED within different business contexts. While most people don’t often think about what’s happening at the Tax Court of Canada,1 taking the time to read through their website can yield some golden nuggets of useful SR&ED eligibility information. Throughout the SR&ED Education and Resources Gold Nugget series, we’ll be digging Read more…
The creation of a new independent administrator will manage tax incentives to ensure companies see more benefits. Some technology-focused groups are calling for the creation of an independent administrator to help reform the innovation tax credit system in Canada (which includes the SR&ED tax credit). The proposed administrator would comprise Read more…
Within the recently unveiled Budget of the 2017 Liberal federal government, a legislation was proposed to determine which corporations will be able to qualify for an SR&ED tax credit. This legislation could clear up issues surrounding factual control of corporations, and whether or not that control exists. Whether or Read more…