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Monthly Archives: July 2012
SR&ED T661 claim form – 2012 Revision
In October 2012, the Canada Revenue Agency (CRA) will be releasing a revised Form T661, Scientific Research and Experimental Development (SR&ED) Expenditures Claim, to accommodate the legislative changes proposed in the March 2012 federal budget. The new Form T661(12), revision … Continue reading
Flaherty Wrong to Slash SR&ED Tax Credit
Jeffrey MacIntosh, Toronto Stock Exchange professor of capital markets at the University of Toronto Faculty of Law, opined in his recent article in the Financial Post that the changes to reduce the SR&ED program are ill-advised. Many of the 20,000 CCPCs … Continue reading
Canada’s Competitiveness in the Pharmaceutical Sector
Canada’s Research-Based Pharmaceutical Companies (Rx&D) recently released their Patented Medicine Prices Review Board’s (PMPRB) 2011 Annual Report. Rx&D members continue to meet their 1987 research and development (SR&ED) goals of 10 percent of sales, but the international and domestic environments … Continue reading
