Category Archives: Changes to SR&ED

Reduction of SR&ED Tax Credit Detrimental to Canadian Businesses

Many of Canada’s largest research and development have voiced their concerns over the federal government’s cuts to the SR&ED program.  According to a report by Canadian Manufacturers and Exporters (CME),  Canadian businesses will receive a $750-million / year reduction in … Continue reading

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The Impact of Proposed Changes to the SR&ED Tax Credit

Canadian Manufacturers & Exporters (CME) has recently released a study on the impact of the proposed changes to the SR&ED program to the international competitiveness of the Canadian tax system.  According to the study, the cost of investing in research and … Continue reading

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CATA’s Position on SR&ED Contingency Fees

Russ Roberts, CATA’s Senior Vice President for Tax, Finance and Advocacy recently submitted CATA’s position on contingency fees in regards to the Scientific Research and Experimental Development (SR&ED) Tax Incentive Program.   In his letter, Roberts stated that the Canadian … Continue reading

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Canadian Manufacturers & Exporters (CME) Petitions the Federal Government on SR&ED

Canadian Manufacturers & Exporters (CME) has created an online petition to voice their opposition to the recent changes to the SR&ED program.  CME’s recommendations to the federal government are as follows: Large companies should be provided with a partially refundable … Continue reading

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Canadian Institute of Chartered Accountants Weigh in on SR&ED Contingency Fees

According to Gabe Hayos, the Vice President of the Canadian Institute of Chartered Accountants (CICA), the CICA Tax Policy Committee believes that contingency fee arrangements are a vital component of Canada’s SR&ED tax credit system.  Consultants play a valuable role … Continue reading

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