Developments

Developments: Alberta’s SR&ED changes clarified
This Developments clarifies recent changes to Alberta’s SR&ED program.

Developments: Legislative proposals confirm SR&ED changes
Despite extensive industry feedback to reconsider or delay the SR&ED measures introduced in the 2012 federal budget, the Department of Financed has moved to implement them.

Developments: Increased need for contemporaneous documentation
The CRA has placed a greater importance on contemporaneous documents for SR&ED claims. Learn how to ensure the inclusion of supporting documents becomes a natural part of your company’s SR&ED framework.

Developments: Narrowing Canada’s innovation gap – PwC’s observations on the Jenkins report
The Jenkin's report, "Innovation Canada: A Call to Action" provides recommendations for programs that support innovation. Read our in-depth analysis and listen to our podcast to learn what the Jenkins report means for innovation in Canada.

Developments: The importance of contemporaneous documentation
Every SR&ED claim that’s filed must be supported by documentation that allows the CRA and the Financial Reviewer to determine the claim amount’s accuracy. Learn more in this issue.

Developments: Timely Identification of Experimental Development Projects
This edition of Developments outlines three initiatives that promote early identification of Experimental Development projects, enabling the effective collection of expenditures and supporting documentation.

Developments: Are You Losing SR&ED Benefits? — Effect of Conditionally Repayable Loans
We explain why your corporation may lose tax benefits if it funds SR&ED with conditionally repayable loans and your options for responding.

Developments: CRA Policy Updates: Filing Requirements and Third-Party Payments PLUS Changes to SR&ED Project Description Length Limits
This Developments issue covers two topics: the CRA’s draft policy to improve SR&ED program administration and changes to the limits on the length of project description narratives.