Important Changes of the SR&ED Program (Views: 4795)

Wed, 19 Jan 2011

       Over the last two years, there has been a number of changes in the SR&ED forms and administration of the SR&ED program. The forms have become more specific, there appears to be a greater focus and demands for documentation, and many would argue that there is a more stringent application of the program.

      Thus, businesses should be aware of this new reality in order to be able to adapt to it and to better understand the new tighten parameters that make it harder to qualify companies for the SR&ED tax credit.

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