Manitoba Research and Development Tax Credit

This program targets scientific research and experimental development (as defined for federal purposes) carried on in Manitoba. Corporations may earn a tax credit which can be applied against Manitoba corporate income tax payable in the year earned, with unused credits available for a 20-year carry-forward (previously 10 years) and a three-year carry-back. This income tax credit is administered by the Canada Revenue Agency on behalf of Manitoba. The tax credit rate is 20% for eligible expenditures made before April 12, 2017 and 15% for eligible expenditures made after April 11, 2017.

Grant Deadline

Deadline not available

Funding Amount

Deadline not available

Type of Grant

Tax Credit, Hiring

Sectors

research and discovery

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

The credit is refundable for eligible expenditures incurred after 2009 by a corporation with a permanent establishment in Manitoba and where the research and experimental development is carried on in Manitoba under an eligible contract with a qualifying research institute.

Grant Application website

https://gov.mb.ca/finance/business/ccredits.html

Contact

Manitoba Tax Assistance Office

110A - 401 York Avenue

Winnipeg, MB R3C 0P8

Phone: 204-948-2115 or 1-800-782-0771 (in Manitoba) Fax: 204-948-2263

E-mail: tao@gov.mb.ca

Website: www.gov.mb.ca/finance/tao/index.html