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Technological uncertainties and technological advancements are the two key criteria for SR&ED claim eligibility for any company. In the event that a firm is faced with a problem, it will try [...]

In Canada, there have generally been four sources of capital for innovative SME’s. These are personal savings from the entrepreneurs, government grants, angel investors and venture capital. In [...]

The idea of providing businesses with incentives to innovate has always been compelling. The Canadian economy wins when businesses invest in research and development as it propels economic growth [...]

The application for the Scientific Research and Experimental Development tax credit has quite a few steps. However, if followed correctly, it becomes a process that every eligible firm should [...]

The Income Tax Act (ICT) provides exclusive advantages to companies that qualify as Canadian-controlled private corporations (CCPC). The Tax Act states that a corporation will be a CCPC if it is [...]

Fondly pronounced as SHRED, the Scientific Research and Experimental Development (SR&ED) program is a federal tax incentive program for businesses who carry out eligible research and [...]

The various policies and laws concerning the SR&ED tax credit are constantly changing. It is therefore important for any company or firm to keep up with the latest news on the same. A perfect [...]

SR&ED enables companies to earn investment tax credits on qualified expenditures in the form of cash refunds, reduction of tax payable or a combination of both. To qualify for the claim, [...]

The Tax Act allows and encourages the private sector to develop new products through offering attractive incentives to those who are willing to undertake SR&ED of the kind outlined in [...]

The Internal Revenue Service is a bureau of the Department of the Treasury in the United States that deals with the enforcement of income tax laws and oversees the collection of federal income [...]