Whether it's SRED or other R&D tax credits in Canada or the U.S, Boast is the only solution that combines technical and R&D tax expertise with AI to simplify filing and maximize your claim.
In Canada, as in many other countries that have adopted R&D tax credits and allowances, there has been considerable controversy over their effectiveness in increasing company-financed research and development. This study seems to be one of the first systematic attempts to estimate the effects of ...
Home/Canada Taxes/Canada TaxesTaxes in Canada 2025 Canadian Tax Overview (2025) This update reflects the current Canadian tax landscape, but it's crucial to consult with tax professionals or refer to official government sources for the most accurate and up-to-date information, as tax laws are ...
what you need to know about FTC. For simplicity, we will refer to a foreign tax credit as FTC. Then we will explore the conceptual approach, the formula to calculate FTC followed by an example. We will also look at creditable foreign taxes in Canada and its ...
In the meantime, definitely take advantage of these federal tax credits: Eligibility criteria for the ‘Disability Tax Credit Certificate’? In order to be eligible for the Disability Tax Credit and the Canada Caregiver Credit you have to first get a Disability Tax Credit Certificate. A form ...
Can't claim the full Child Tax Credit? Find out if you qualify for the refundable Additional Child Tax Credit, which may allow you to get a tax refund even if your credit exceeds your tax liability.
The Canadian government has enacted four new refundable investment tax credits (ITCs) designed to grow Canada’s clean economy and allow Canada to remain competitive in attracting investment in clean energy projects: The Clean Technology ITC: A refundable tax credit of up to 30% of ...
(“AWS Canada”) replaced Amazon Web Services, Inc. as the AWS cloud services reseller for Credit Card accounts located in Canada. This means Credit Card customers will now receive tax compliant invoices issued by AWS Canada. In addition to the charges on your invoice for AWS cloud services,...
In 2004, Canada changed the eligibility rules for its Scientific Research and Experimental Development (SRED) tax credit, which provides tax incentives for R&D conducted by small private firms. Difference-in-difference estimates show a 17 percent increase in total R&D among eligible firms. The impac...
eligible dividends during the tax year. To calculate the federal dividend tax credit, she has to gross up the total dividends she receives by the percentage specified by theCanada Revenue Agency (CRA). In this case, the percentages are 138% for eligible dividends and 115% for non-eligible ...