TAXATION + TAX INCENTIVES

How Canada’s SR&ED Should Affect Your Startup’s Tax Planning

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by Rob Farrow, SBA (www.suttoninnovation.com) As an SR&ED tax specialist working with micro-businesses doing eligible experimental development, I have noticed a tendency among practitioners at small and medium-sized CPA firms to rely on traditional income-versus-dividend analyses for tax planning. However, because eligible salaries for development teams can typically result in refundable investment tax credits of … Read more

Provincial Small Business Venture Capital Programs

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BEWARE THE WALKING DEAD: Tax Incentives for Angel Investors Twenty-five years ago, the government of British Columbia introduced the SMALL BUSINESS VENTURE CAPITAL ACT. After a quarter of a century, it’s probably time that we reflected on how effective that program has been. The BC venture capital credit is the granddaddy of all the provincial … Read more