CATA SR&ED ALERT: The CRA seeks further input on its SR&ED (Scientific Research and Experimental Development) policies.
May 6, 2014

This is an important opportunity for you to comment on what you see to be the result of the CRA’s Policy Review Project, and to help the CRA improve the effectiveness of its policy. 

The new expressions of policy and how it is being used by CRA reviewers has become the subject of some excellent and important discussion threads on CATA’s Linked-in site, over the past 4 or 5 months. 

 See http://www.linkedin.com/groups?home=&gid=3246301 

The discussions range from examinations of policy, its drift around what is a technological advancement/uncertainty, how claims are supported, and the historical interpretations of the law to the impact of all the new policies on reviews and what eventually gets through when audits take place. 

We encourage you to review these discussions and to provide the CRA with your thoughts about what is working and what could be improved.  Below, please find CRA’s release on its initiative.   

Russ Roberts, Sr. VP, Tax, Finance & Advocacy, CATAAlliance

++ Action Item: Please respond to this CRA RELEASE

The Canada Revenue Agency (CRA) seeks feedback on the results of the Scientific Research and Experimental Development (SR&ED) Policy Review Project

If you have an interest in SR&ED policies, the CRA wants to hear from you.

The SR&ED Policy Review Project concluded with the release of consolidated and updated policies on the eligibility of work and expenditures in December 2012. The purpose of the Project was to clarify, and update SR&ED policy and related guidance documents and to present the information in a user-friendly manner on the CRA website. The recommendations and feedback received over the course of the consultations were crucial to the review of these documents.

In an effort to make sure the SR&ED Program continues to meet the needs of Canadian businesses, the CRA is seeking your feedback.

Please note that we are currently working on updating our policies on SR&ED expenditures and the calculation of SR&ED investment tax credits to accommodate announced legislative changes, including those in the 2012 and 2013 Economic Action Plans.

We estimate that it will take you approximately five to ten minutes to complete the survey.

Simply click on the link below, or cut and paste the URL into your browser to access the survey: https://cra-arc.sondages-surveys.ca/s/SRED1/?l=en

Your input is very important to us and will be kept strictly confidential.

Lucie Bergevin, CPA, CA
Director General
Scientific Research and Experimental Development Directorate
Compliance Programs Branch, Canada Revenue Agency