Budget announces 24-month suspension of R&D Super Allowance


The federal and Ontario governments have called an apparent truce in their festering dispute over the handling of the province’s Super Allowance when calculating federal R&D assistance. As announced in the May 9 Budget, the province will suspend its use of the Super Allowance for 24 months and allow corporations to exclude their scientific research and experimental development (SR&ED) tax credit from Ontario taxable income.

... Please become a Member or login to read the rest of this article ...


Other stories mentioning these organizations, people and topics

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 0 free articles remaining.
Don't miss out - start your free trial today.

Start your FREE trial    Already a member? Log in






Top

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.