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SR&ED tax credits and stacking of R&D government assistance: are you maximizing your project funding?   Dr. David Arsenault Research and Technology  Manager SR&ED- Atlantic Region
Stacking ,[object Object]
Total Government Assistance (TGA) ,[object Object],Activity Stacking limit Social program ( e.g. , core funding) 100% Social program ( e.g. , training) 90% Economic program ( e.g. , R&D) 75%
Stacking calculations ,[object Object],[object Object]
[object Object],[object Object],[object Object],Stacking calculations The percentage of total government assistance (TGA) must be stated explicitly in the terms and conditions of assistance agreements:
SR&ED vs. R&D Concept Product /  process 1. In house knowledge/technology base 2. Public domain information/outside expertise 3. Experimentation/analysis to overcome identified scientific/technological uncertainty SR&ED
Complicating factors ,[object Object],[object Object]
Uncertainty in calculating stacking ACOA NSERC IRAP SR&ED? 75 %
Unrealized project funding ACOA NSERC IRAP SR&ED 75 % Expected ACOA NSERC IRAP SR&ED After CRA claim review Funding gap
SR&ED legislation ,[object Object],[object Object],[object Object]
Pre-Claim Project Review (PCPR) ,[object Object],[object Object],[object Object]
Exceeding the stacking limit ACOA NSERC IRAP SR&ED 75 % Expected ACOA NSERC IRAP After CRA claim review Funding excess SR&ED
[object Object],[object Object],Exceeding the stacking limit
Questions? Contact information: Dr. David Arsenault Research and Technology Manager SR&ED Program – Atlantic Region Tel: 506-851-3358 E-mail: DavidJ.Arsenault@cra-arc.gc.ca

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Capital Connections Showcase - CRA

  • 1. SR&ED tax credits and stacking of R&D government assistance: are you maximizing your project funding? Dr. David Arsenault Research and Technology Manager SR&ED- Atlantic Region
  • 2.
  • 3.
  • 4.
  • 5.
  • 6. SR&ED vs. R&D Concept Product / process 1. In house knowledge/technology base 2. Public domain information/outside expertise 3. Experimentation/analysis to overcome identified scientific/technological uncertainty SR&ED
  • 7.
  • 8. Uncertainty in calculating stacking ACOA NSERC IRAP SR&ED? 75 %
  • 9. Unrealized project funding ACOA NSERC IRAP SR&ED 75 % Expected ACOA NSERC IRAP SR&ED After CRA claim review Funding gap
  • 10.
  • 11.
  • 12. Exceeding the stacking limit ACOA NSERC IRAP SR&ED 75 % Expected ACOA NSERC IRAP After CRA claim review Funding excess SR&ED
  • 13.
  • 14. Questions? Contact information: Dr. David Arsenault Research and Technology Manager SR&ED Program – Atlantic Region Tel: 506-851-3358 E-mail: DavidJ.Arsenault@cra-arc.gc.ca