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by mcantelon
5190 days ago
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From skimming the news it seems like it's cut significantly. >The changes include a cut in 2014 to 15 per cent from 20 per in the tax credit rate and a restriction on which expenditures count toward the credit. For example, capital expenditures – buildings, equipment and product prototypes – will no longer be eligible. The amount of eligible overhead expenses and subcontracted R&D will also be reduced. http://www.theglobeandmail.com/report-on-business/economy/gr... Bad news for Canada's tech innovators. |
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