SR&ED Tax Credits Alert
September 18, 2009

September 18, 2009

Important: Changes Possible as Government Promises New High-Tech Plan and looks at New Directions


Tony Clement, Minister of Industry, committed the Federal Government to tabling a High-Tech Plan that defines a government-wide approach to the promotion of business innovation.

A "revamped and refundable" Scientific Research and Experimental Development (SR&ED) Tax Incentive Program is included in the possibilities.

For a detailed briefing by Dr. Russ Roberts, CATA's Senior Vice President, Tax and Finance, and the opportunity to provide us with your ideas.

    Read: SR&ED Program Update and Advisory (September 2009).

The Update highlights key studies that have questioned whether the SR&ED tax credits are currently effective in promoting the business innovation that Canada must achieve to remain competitive and notes that suggestions are being made for a research oriented focus for the credits. Such changes to the scope of the tax credits have significant implications for the sector. CATA needs your input on how best to deliver incentives to the sector.


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