Chapter

CRA updates its SR&ED ITC policy

From Chopp v. R., 98 DTC 6014, [1998] 1 CTC 407 (FCA) by Sambif

Concepts

  1. Capital Expenditures

    "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. ECPC Rate

    "CRA has revised its policy on the SR&ED investment tax credit (ITC) to reflect recent legislative changes, including:\n\nthe extension of the 35% ITC rate on qualified SR&ED expenditures to those by

  3. Expenditure Limits

    "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 | Chopp v. R., 98 DTC 6014, [1998] 1 CTC 407 (FCA) | Bifalgorithm | Bifalgorithm