Value: 10% on up to $4 million in eligible expenditures, for a maximum credit of $400,000.
The Alberta SR&ED tax credit program provides a refundable tax credit to qualified corporations that incur eligible expenditures in respect of SR&ED activities carried out in Alberta after December 31, 2008.
- Corporation has a permanent establishment in Alberta at any time during a taxation year
- Carries on SR&ED activities in Alberta during that taxation year
- Does not include a corporation that is exempt from tax in the taxation year under the Alberta Corporate Tax Act (the Act), unless the corporation is a prescribed corporation under the Regulations to the Act
Deadline: 15 months after the corporation’s filing due date.
Contact: Canada Revenue Agency | 1 800 959 5525