How A systematic investigation or search that is carried out in a field of science or technology by means of experiment or analysis Why To advance scientific knowledge through basic or applied research or achieve technological advancement through experimental development

SR&ED activities conducted in Canada by or for you SR&ED is related to your business Expenditures are incurred Corporations need to file a full claim within 18 months

1. Deduction of expenditures to reduce tax liability can be carried forward indefinitely 2. Investment tax credit 35% for CCPC(Canadian-controlled private corporation) - graduated after 10M taxable capital value 15% for non-CCPC

$3 billion in investment tax credits provided every year 60,000 R&D projects 20,000 claims 30% of claims are selected for review or advisory services 90% of claims are accepted with little or no change

The Government of Canada provides Tax Incentives to encourage Canadian companies of all sizes and in all industry sectors to conduct SR&ED all sizes and in all industry sectors Allows businesses to take risks and invest in Research and Development take risks and invest Provides a significant source of support for those seeking to innovate Tax Incentives