Mar 23 2017

The 2017 Federal Budget Plan was released yesterday and in terms of innovation significant changes appear to be on the horizon.

Mar 16 2017

Human-Machine Interaction (HMI) is the study of interactions between humans and machines...

Sep 8 2016

According to a study, Canadian start-ups do not take advantage of government funding opportunities.

May 25 2016

SR&ED can be claimed by you for work performed in-house. It can also be claimed for work performed, in Canada, on your behalf by an arm’s length 3rd party.

May 25 2016

First time SR&ED claimants are not always cognizant of the fact that if you miss a SR&ED filing deadline you lose the tax credits.

Apr 23 2016

If you are not satisfied with the proposed outcome of your SR&ED claim you have the option...

Apr 12 2016

The Liberals want to spend their way out of Canada's current economic doldrums, similar to the position taken by the US following the Great Recession.

Feb 29 2016

If you are unfamiliar with the idiosyncrasies of Canadian tax law you will probably be surprised to learn that in a dispute with Canada Revenue Agency (CRA) the initial onus of proof is on the taxpayer.

Feb 7 2016

This month the Department of Finance Canada issued multiple proposed...

Jan 18 2016

The US Research & Experimentation Tax Credit, R&D Tax Credit, was a temporary measure ...

Dec 24 2015

One of the most important criteria of a SR&ED claim is supporting documentation, i.e. tangible evidence. This is the case even though the legislation does not mandate such documentation and the case law gives considerable authority to oral evidence. We understand why the CRA requires some documentary evidence to support an SR&ED claim, however there sometimes is a divergence between what CRA and the Tax Court of Canada considers sufficient.

Nov 4 2015

The first installment of our CrossDynamix blog discusses the topic of "project deconstruction" during a SR&ED audit. The CRA's Research and Technology Advisor ("RTA") often asserts that the project is claimed at too high a level and that it is necessary to drill down to lower-level and more detailed activities; assessing individual activities (or individual sentences) as though they needed to embody an entire SR&ED claim on their own. The suggested response to the RTA in these scenarios is that it is important that the SR&ED be viewed at the correct level and that there are plenty of established guidelines about the issue of breaking things down too finely.