The Incredible Benefits of AI to Canadian Businesses
In the past years, Canada has become the center for research of Artificial Intelligence or commonly known as AI. The federal government and many huge
April 26, 2019
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SR&ED
SR&ED in the Cannabis Sector
On October 7, 2018, the Federal government legalized the usage of cannabis and permitted private sales of cannabis products. For an industry that has long
April 15, 2019
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SRED Policy update- Budget 2019: What it means for ITC Calculation?
CCPC’s (Canadian Controlled Private Companies) can earn a refundable tax credit of up to 35% of qualified Scientific Research and Experimental Development (SR&ED) expenditures regardless
March 5, 2019
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How can you Maximize SRED Refunds using the Traditional Method?
Did you know there are two ways to claim SR&ED Overhead expenditures? Most claimants use the proxy method to calculate SR&ED overhead expenditures since it is the
October 30, 2018
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A Special Case: Claiming Artificial Intelligence /Machine Learning Centric Projects for SR&ED Tax Credits
Claiming Artificial Intelligence or Machine Learning centric projects are slightly more complex compared to other technologies. This is due to: Lack of proper understanding of the
October 22, 2018
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SR&ED Pre-Claim Consultation: The Pros and Cons
The CRA offers SR&ED claimants a service called Pre-Claim Consultation (PCC). This service will tell you if there is SR&ED eligible work in any of your
October 4, 2018
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SRED Case Study: Commensurate with the needs and directly in support
Introduction Only the amount, size, extent, or duration of work that is necessary for and directly in support of the basic research, applied research, or
September 25, 2018
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SRED Case Study: Creating new materials, devices, products or processes without technological advancement
Introduction The creation of new materials, devices, products, or processes, or the improvement of existing ones, can be achieved without technological advancement. Work can be
September 25, 2018
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SRED Case Study: Development based on existing scientific or technological knowledge
Introduction Development work is based on an existing scientific or technological knowledge base. Specifically, you might be directly adapting a known engineering or technological practice
September 25, 2018
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SR&ED Case Study: Cost Targets Leading to Technological Uncertainty
SR&ED Case Study: Cost Targets Leading to Technological Uncertainty Introduction Even though a cost target in itself does not necessarily create a technological uncertainty,
September 25, 2018
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