The Scientific Research and Experimental Development (SR&ED) program is Canada’s primary federal R&D incentive, offering tax credits and, in some cases, cash refunds. This article breaks down how the program works—covering refundability, calculation methods, qualification criteria, and eligible expenses—while also comparing its structure to the U.S. R&D Tax Credit.
(more…)Author: gabeliebman
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Incentives That Work: U.S.A.’s Federal R&D Tax Credit
Established in 1981, the United States federal R&D tax credit offers businesses conducting qualified research a dollar-for-dollar reduction against federal tax liability. The credit is designed to incentivize companies to innovate by reducing the effective cost of research activities. In this post we explore the qualification criteria, calculation methods, carry forward schedules, state credits, and other practical considerations.
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Beyond The Tradeoff 