Re:Canada's R&D tax credit program hurts R&D in Canada
by stormbrew on Friday November 06, 2015 @12:24AM
(#10517976)
> It's pretty difficult to get software development to qualify for SR&D.
Every Canadian software company I've worked for in my 15 year career has used SR&ED.
Every single one. Most were small (ie. sub-25 people employed, most of those also making virtually no profit at all), a couple are large. Some tried to do it in house with only a lawyer to do late-stage massaging of the reports, others hired full on consultants for quite a lot of money to do it.
And they all got money out of SR&ED.
This is anecdata, but I don't think the idea that it's pretty difficult washes.
Every Canadian software company I've worked for in my 15 year career has used SR&ED.
Every single one. Most were small (ie. sub-25 people employed, most of those also making virtually no profit at all), a couple are large. Some tried to do it in house with only a lawyer to do late-stage massaging of the reports, others hired full on consultants for quite a lot of money to do it.
And they all got money out of SR&ED.
This is anecdata, but I don't think the idea that it's pretty difficult washes.