CRA improves SR&ED Notice of Objection review process (Views: 2052)
Sun, 09 Dec 2012 22:59:23
The Canada Revenue Agency (CRA) has improved the review process for Notices of Objection related to Scientific Research & Experimental Development (SR&ED) tax credit eligibility claims.
The main improvements are:
1. Additional staff with a broad range of science and engineering expertise has been hired to provide a more specialized review of the issues under objection, and to provide for more timely reviews.
2. The reviews are more in-depth, with a greater focus on addressing the SR&ED eligibility issues raised by the claimants in their Notices of Objection.
3. The reviews have been expanded to provide for contact between the Agency’s SR&ED Notice of Objection advisors and the SR&ED claimants. However, it is important to note that these reviews are desk reviews and not second on-site SR&ED technical reviews
This is part of a continued attempt by the CRA to improve the transparency, consistency, and thoroughness of the review process. The CRA had previously detailed changes to the primary claim review process and the administrative second review process.