Chapter

CRA updates its SR&ED ITC policy

From Deyab v. Canada, 2020 FCA 222 by Sambif

Concepts

  1. ITC Changes

    "CRA has revised its policy on the SR&ED investment tax credit (ITC) to reflect recent legislative changes, including:\n\nthe reinstatement of capital expenditures as both allowable and qualified SR&E

  2. Expenditure Limit

    "for taxation years beginning after December 15, 2024, the maximum expenditure limit has been increased to $6M for CCPCs and ECPCs.\n\nfor CCPCs, the gradual reduction in the $6M limit now begins at $

CRA updates its SR&ED ITC policy | Deyab v. Canada, 2020 FCA 222 | Bifalgorithm | Bifalgorithm