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by byron_fast
3882 days ago
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This is definitely true, but not news to anyone who has followed how government program "X" for business actually works. These programs are defined by who they favour, and it has nothing to do with merit as defined by business or legislators; it is defined by bureaucrats who invariably favor things that benefit them directly. I managed to get a decent amount of money back from SR&ED, but it required (as expected) an incredible time investment. A time investment that was negative to our business in every way; there's no way to reap a return on that later unless you return to SR&ED in the future. The best thing, as always, would be for the government to simply lower taxes and eliminate these circuitous loops. |
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