Scientific Research and Experimental Development (SR&ED) Tax Incentive Program: CRA’s New Perspective and New Requirements: Of critical interest to companies currently claiming or planning to claim SR&ED tax credits
December 9, 2008

Scientific Research and Experimental Development (SR&ED) Tax Incentive Program:  CRA’s New Perspective and New Requirements

Of critical interest to companies currently claiming or planning to claim SR&ED tax credits   
Watch CATANet TV video: http://www.youtube.com/watch?v=hFNaV6ilGIU
___________________________________________________________________________________________________________

Under the direction of CATA’s Senior Vice President, Tax and Finance, Russ Roberts, a team of experts has prepared a detailed briefing note on recent changes to the SR&ED Tax Incentives program. The briefing note addresses emerging issues and concerns and provides guidance on how companies can best address the changers to the SR&ED program.

Key themes and areas of interest covered include:

  • Background, with 15 hot links to documents
  • Significance of changes in the guise of improvements
  • Explanation of new term, “Technological Obstacles/Uncertainties”
  • Specific observation on the new T661 Form
  • Eligibility explanations
  • Scope of a Project, Work and Environments
  • Requirements, Documentation Standards
  • A special three page note on restrictive new policy positions 

++ Action Item: To receive your copy of the SR&ED Briefing and Guidance Note (members only) please send an email to John Reid, jreid@cata.ca  with SR&ED in the Subject Line. We are also inviting further guidance from members in advancing the industry’s multi sector SR&ED Advocacy Campaign. _________________________________________________________________________________________________________

Organizations interested in conducting public policy advocacy, research and/or Surveys in partnership with CATA should email kwennekes@cata.ca  A supporting CATAnet TV Video on SR&ED is currently in production and scheduled for early release.