Category Archives: Changes to SR&ED

Changes to SR&ED T661 Form

The Canada Revenue Agency (CRA) has announced that a revised Form T661, Scientific Research and Experimental Development (SR&ED) claim, will be released on October 2013.  The new T661 form will accommodate the legislative changes coming into effect on January 1, … Continue reading

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2013 Budget Announces Direct Funding for Innovation and New SR&ED Compliance Initiatives

The following announcements were made as part of the federal government’s 2013 budget: Funding of $121 million over two years to the National Research Council (NRC) to help the growth of innovative businesses in Canada; Funding of $20 million over … Continue reading

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Montreal Breakfast Session on Changes to SR&ED Program

BDO will be hosting an informative breakfast session to discuss the new SR&ED policies recently proposed by the CRA. Date: Thursday, May 2, 2013 Time: 7:30am to 9:30am Location: BDO Montreal, 1000 De La Gauchetière West, Suite 200; Montreal, QC … Continue reading

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New SR&ED Enforcement Measures Announced

The 2013 federal budget has announced new compliance measures to monitor the advice provided by SR&ED practitioners.  The following measures were proposed by the federal budget: The Business Number of each SR&ED practitioner will be required with each SR&ED claim, … Continue reading

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Reduction of SR&ED May Have Negative Impact on Oilsands Cleanup

According to a report by Geoff Dembicki of the TheTyee.ca, the cuts of SR&ED tax credits will erode the ability of fossil fuel producers to reduce their environmental footprint.  Bob Bleaney of the Canadian Association of Petroleum Producers (CAPP) reasons … Continue reading

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