Guide to the Taxation of R&D Expenses

Details and specs

Guide to the Taxation of Research & Development (R&D) Expenses, an in-depth handbook that guides the reader through all the Canada Revenue Agency procedures for filing a research and development expense claim. The guide offers Canadian tax practitioners, access to crucial insights and strategies, from an author with many years of direct experience in this area. This unique desktop reference brings together all of the relevant Research & Development (R&D) policies and procedures of the government of Canada. It not only explains the tax aspects of the R&D claim but also guides you, step-by-step, through the technical documentation necessary to support the claim. The guide includes a Provincial Incentives chapter that describes the programs in place for each province to encourage R&D initiatives through tax incentives.

Contents include:

• What is R&D
• How to benefit from the R&D Rules
• R&D comparatives by industry sector
• Technical documentation requirements
• Tax accounting requirements
• Tax review
• R&D issues
• Current interpretation difficulties
• Financial statement/accounting requirements
• Tax return adjustments
• Tax planning, strategy ideas, and provincial incentives

In addition to these, there are some other useful sections in the text, such as case commentaries, government publications, and case studies.