Bifalgorithm post · Un actionnaire vend un immeuble à sa société · CRA updates its SR&ED ITC policy

Expenditure Limit

Expenditure Limit (Un actionnaire vend un immeuble à sa société · CRA updates its SR&ED ITC policy) — "for taxation years beginning after December 15, 2024, th…

Ideas in this flowchart

  • Taxation-year changes to the maximum expenditure limit
  • Applies to taxation years beginning after December 15, 2024
  • The maximum expenditure limit is increased to $6M
  • The $6M limit applies to CCPCs
  • The $6M limit applies to ECPCs
  • For CCPCs, the $6M limit is gradually reduced based on taxable capital used in Canada
  • The gradual reduction begins at $15M of taxable capital used in Canada for the previous taxation year
  • The limit is reduced to nil after $75M of taxable capital used in Canada
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Expenditure Limit

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Un actionnaire vend un immeuble à sa société

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USR292600b83e2a
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"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 $15M of taxable capital used in Canada for the previous taxation year and is reduced to nil after $75M;"

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