Saskatchewan Research and Development (R&D) Tax Credit

The Saskatchewan Research and Development (R&D) Tax Credit is designed to encourage private-sector R&D investment in Saskatchewan. It is available in respect to qualifying R&D expenditures incurred by corporations in Saskatchewan. -Qualifying R&D expenditures by Saskatchewan Canadian-controlled private corporations (CCPCs) will be eligible for a 10% refundable R&D tax credit for the first $1 million annual qualifying expenditures made on or after April 1, 2017; -Qualifying R&D expenditures in excess of the annual limit, as well as qualifying expenditures by other corporations are eligible for a 10% non-refundable R&D Tax Credit; -The total refundable and non-refundable R&D Tax Credits that may be claimed by a corporation will be limited to $1 million per year;

Grant Deadline

Deadline not available

Funding Amount

$1,000,000

Type of Grant

Tax Credit

Sectors

Demographics

Incorporation

For Profit

Perks

Region Restriction

This grant is restricted to whole of Canada

Keywords

Age Restriction

This grant is age restricted from 18 to 100

Eligibility and Requirements

Saskatchewan Canadian-controlled private corporations (CCPCs)

Grant Application website

https://www.saskatchewan.ca/business/taxes-licensing-and-reporting/tax-incentives/research-and-development-tax-credit

Contact

Contact Us

Taxation and Intergovernmental Affairs Branch