Canada's R&D tax credit program hurts R&D in Canada

Re:Canada's R&D tax credit program hurts R&D in Canada by Afton on Thursday November 05, 2015 @12:17PM (#10514596)

I'd also mention that what counts as 'R&D' is often paper thin. Normal developer activities can count if they are spun correctly.

Whether that's a problem depends on the amount that you think of this as a general small business tax credit vs an incentive to do research.

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Re:Canada's R&D tax credit program hurts R&D in Canada by stormbrew on Thursday November 05, 2015 @12:53PM (#10514885)

I was once told of a restaurant that managed to get SR&ED for their chefs.

Second-hand, and supposedly they've tightened the rules since then, but I feel like it's really telling of the flaws with the program at a fundamental level.

Either make it a handout directly or tighten up the rules so that it can only apply to things with really rigid processes that are capital intensive, imo.

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Re:Canada's R&D tax credit program hurts R&D in Canada by wwhchung on Thursday November 05, 2015 @12:52PM (#10514882)

Yup. Many more issues, but this is one that isn't subjective and I can provide possible solutions to, so its the first I wrote about. :)

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