| An Example of What You Could Receive for a CCPC * (Some conditions apply) |
|
|---|---|
|
Total |
Eligible SR&ED Expenditures |
$1,000,000 |
% Return - Provincial ** |
10% |
% Return - Federal (35% of remainder) |
31.5% |
Total % Total $ |
41.5% $415,000 |
* CCPC – Canadian Controlled Private Corporation ** The Provincial rate of return varies from province to province. |
|
Technical Content: The work claimed must adhere to the scientific process. It must involve a systematic investigation and/or experimentation in a field of science.
Technical Uncertainty: The existence of an uncertainty implies that there is no text-book solution (i.e. known methods or procedures) to solve a problem in an existing field of science. The work that is claimable must go above and beyond the existing knowledge base (i.e. base line).
Technical Advancement: A conclusion must be derived from the experimentation that can be transferable to other applications.
Contact us for a free consultation and we will help you determine what's eligible.