Concept
Revenue Method
Colubriale v. Canada, 2005 FCA 329 / CRA updates its SR&ED ITC policy
"for ECPCs, the average annual revenue over the last three fiscal years is used to calculate the gradual reduction of the $6M expenditure limit; and\n\nCCPCs may also elect to compute their reduction using this revenue-based method rather than their taxable capital."
Related Ideas
- Expenditure LimitsChopp v. R., 98 DTC 6014, [1998] 1 CTC 407 (FCA) · CRA updates its SR&ED ITC policy
- Expenditure LimitDeyab v. Canada, 2020 FCA 222 · CRA updates its SR&ED ITC policy
- Policy ChangesColubriale v. Canada, 2005 FCA 329 · CRA updates its SR&ED ITC policy
- ECPC RateChopp v. R., 98 DTC 6014, [1998] 1 CTC 407 (FCA) · CRA updates its SR&ED ITC policy
- ITC ChangesDeyab v. Canada, 2020 FCA 222 · CRA updates its SR&ED ITC policy
- Capital ExpendituresChopp v. R., 98 DTC 6014, [1998] 1 CTC 407 (FCA) · CRA updates its SR&ED ITC policy