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Scientific Research and Experimental Development (SR&ED) Tax Incentives

Canada Β· Framework Β· Canada Revenue Agency

Our summary

A Canadian federal tax program that provides financial benefits to corporations, individuals, trusts, and partnerships carrying out qualifying research activities within the country. Eligible participants may claim either an income deduction or an investment tax credit linked to their qualifying project costs. Claimants submit their claims alongside their annual income tax filing.

Written by the Index in our own words. It is not legal advice; the official text is the authority.

Inside this policy

Every section of this policy in order. Our notes summarise each one in plain language and do not quote the official text, which is the authority.

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This program offers two types of incentives - income deductions and investment tax credits - to corporations, individuals, trusts, and partnerships performing eligible research and development work in Canada. Eligible claimants must connect their qualifying activities to corresponding expenses and submit claims with their annual income tax return.

SR&ED program resources

Reporting and sharing

Controls

What this policy requires, forbids, grants or penalises, one control at a time and in our own words. Each control links to the official text, which is the authority. This is not legal advice.

Drafted by the Index Drafted automatically from the official text, not yet reviewed by a person.Reviewed Checked by a person against the official text.

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3 controls

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  1. RightApplies to: AnyoneDrafted by the Index

    Organizations performing eligible research and development work in Canada may claim income deductions and investment tax credits as tax incentives.

  2. ObligationApplies to: AnyoneDrafted by the Index

    Claimants must connect their eligible research and development activities to corresponding expenses they intend to claim.

  3. ObligationApplies to: AnyoneDrafted by the Index

    Claimants should submit their research and development tax incentive claim along with their annual income tax return.

Change history

  1. Official text wording
    Source for this change (opens in a new tab)