Revenu Quebec

#provincial, #taxcredit, #R&D, #salary

Type

Provincial tax credit

What

This program is intended for taxpayers who wish to claim a tax credit for salaries and wages related to R&D for expenditures.

Value

• Min 14.0% tax credit
• Max 60.0% tax credit
• Min. elligible expenditures: 50,000$

Eligibility

• Carry out scientific research and experimental development (R&D) or have such R&D carried out on their behalf.
• Carry on a business in Canada and the R&D is carried out in Québec.
• You are neither tax-exempt nor controlled by a tax-exempt corporation.
• You are not a corporation controlled by a prescribed research entity.

Eligible Expenses

• Salaries
• Sub-contractor

Application

• Application form
• IMPORTANT: Corporations in Quebec are required to communicate with Revenu Quebec in French. Thus you must file the French version of the application form.

Link

Website

D3 Advantage

D3 has an expert Marwan Bitar (Innoprofits) that can assist you in applying for SR&EDs