SR&ED guidelines on labour expenses clarified

Guest Contributor
July 29, 2004

The Canada Revenue Agency has issued a paper clarifying its policy on labour expense allocations for scientific research and experimental development (SR&ED) claims. The new guidance makes the allocation approach official CRA policy, meaning that its auditors can no longer require firms to submit time sheets, a practice considered onerous and impractical. The guidelines were developed by CRA in conjunction with the Canadian Advanced Technology Alliance (CATA) , which assembled a team led by Dr Russ Roberts, CATA’s senior director for SR&ED and a senior advisor/director for Deloitte. Specialists with KPMG and Ernst & Young also participated.......

Other News

Events For Leaders in
Science, Tech, Innovation, and Policy

Discuss and learn from those in the know at our virtual and in-person events.

See Upcoming Events

You have 1 free article remaining.
Don't miss out - start your free trial today.

Start your FREE trial    Already a member? Log in


By using this website, you agree to our use of cookies. We use cookies to provide you with a great experience and to help our website run effectively in accordance with our Privacy Policy and Terms of Service.