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Canada | Amendments to treatment of concessional loans impact scientific research and experimental development claims

|Tax Alerts, Legislation & Policy, Na ...|Canada
Canada

  • Recent legislative amendments to the Income Tax Act have a direct impact on the scientific research and experimental development (SR&ED) tax incentive program.
  • These amendments provide clarity on the treatment of concessional loans with respect to the legislation governing government assistance for SR&ED purposes, which has implications for the computation of SR&ED investment tax credit…

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