PwC's SR&ED tax publications discuss federal, provincial and territorial R&D tax incentives, and how your business can benefit from these incentives.
Tax Insights: SR&ED Form T661 revised: Claim preparer information required
On October 31, 2013, the Canada Revenue Agency released revised Form T661, Scientific Research and Experimental Development Expenditures Claim, which contains new Part 9 – Claim preparer information. The revised form is required for claims filed starting January 1, 2014.
Tax insights: Introduction of a refundable tax credit for the integration of Information Technologies in manufacturing SMEs (No. 2013-14)
The objective of this new program from the Quebec Government is to support Quebec manufacturing companies that want to invest in technology and integrate IT in their business processes by offering a refundable tax credit pertaining to expenditures on qualified management software package.
SR&ED Tax clip: 2013 Provincial and territorial R&D tax credits (June 20, 2013)
Summary of rules for provincial and territorial R&D tax credits.
SR&ED Tax clip: Federal investment tax credits for R&D and property: 2011 - 2013 (June 20, 2013)
Read our summary of federal investment tax credits for R&D and property for 2011 - 2013.
Tax Insights: Does your documentation reflect the five questions?
To support a scientific research and experimental (SR&ED) claim, contemporaneous documentation should reflect the current 5-question assessment approach – a refinement of the three-criterion approach.
SR&ED Tax clip: 2012 Provincial and territorial R&D tax credits – Updated for Quebec's November 20, 2012 budget (March 12, 2013)
Canada offers one of the most favourable packages of R&D tax incentives among the major industrialized countries. This SR&ED Tax Clip provides a summary of rules for provincial and territorial R&D tax credits.
Developments: Alberta’s SR&ED changes clarified
This Developments clarifies recent changes to Alberta’s SR&ED program.
SR&ED Tax clip: Federal investment tax credits for R&D and property: 2011 - 2012 (October 12, 2012)
Read our summary of federal investment tax credits for R&D and property for 2011 - 2012.
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: 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.
Jenkins report provides much-anticipated recommendations
The Jenkins report released on Oct. 17, 2011 provides six key recommendations for maximizing the effect of federal programs that contribute to innovation. Read our summary of the recommendations.