SR&ED and the 2012 Federal Budget

Tax Stories of the Jacksonsville Princess

Posted by srpatterson3 (#1) 4142 days ago (http://2010taxes.org)

The Scientific Research and Experimental Development (SR&ED) program, introduced in the 1980s, is a federal tax incentive program administered by the Canadian Revenue Agency, which provided $3.6 billion in tax assistance for research and development in 2011. In the past year, the SR&ED or SRED program was reviewed by a panel led by OpenText’s Thomas Jenkins which led to a series of recommended changes to the program presented to the federal government. Despite dramatic speculations of program overhauls in anticipation of the budget, the SR&ED program continues to be one of the most lucrative R&D incentive programs in the industrial … Read the restThe post SR&ED and the 2012 Federal Budget appeared first on 2010 Taxes - Free Tax Filing Options.

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