by Brian Cookson | Apr 12, 2019 | SR&ED
Most companies that claim SR&ED tax credits will never end up in court over dispute of an assessment by CRA. However, how the courts view SR&ED cases helps companies understand both the pitfalls and opportunities. In the case of Life Choice Ltd. V The Queen...
by Susan Mattice | Jun 26, 2018 | SR&ED
THE FOLLOWING PIECE WAS ORIGINALLY PUBLISHED IN IT.Business.Ca The SR&ED tax credit program is odd in that from a tax policy viewpoint it is an incentive program, nudging companies to carry out more R&D in Canada and develop innovative products and processes....
by Christine Tzimika | Apr 22, 2018 | SR&ED
The recent 2018 Ontario budget announcement includes some changes designed to make it easier to grow your business. Ontario-based businesses can benefit from increases to the provincial funds available under the Scientific Research & Experimental Development...
by Brian Cookson | Mar 6, 2018 | SR&ED
Filing for SR&ED tax credits today in Canada is facing a new reality. CRA now screens over 60% of SR&ED claims and carries out site audits on at least 20% of them. Moreover, depending on your geographic location, when site audits are carried out, claims are...
by Andrea McPhail | Feb 7, 2018 | SR&ED
As you may have seen, back in July 2017, the Canadian Advanced Technology Association (CATA) published its “Update on SR&ED” and the news was concerning, to say the least. The headline news was that in the 7 years from 2009 to 2016, the aggregate tax credits...
by Brian Cookson | Jan 16, 2018 | SR&ED
The following piece was originally published in IT WORLD Canada The SR&ED tax credit program has been in existence since 1985. The Budget Papers published in 1985 stated that the purpose of the program was to keep Canadian businesses competitive and growing. Since...
