The SR&ED program gives claimants cash refunds and/or tax credits for their expenditures on eligible R&D work done in Canada.
For more information, go here: http://www.cra-arc.gc.ca/sred/
Thursday, November 11, 2010 08:37 PM
Scientific Research and Experimental Development Tax Incentive Program
The SR&ED program is a federal tax incentive program, administered by the Canada Revenue Agency (CRA), that encourages Canadian businesses of all sizes, and in all sectors to conduct research and development (R&D) in Canada. It is the largest single source of federal government support for industrial R&D.
