VCC Program

Small business venture capital tax credit The small business venture capital tax credit is for corporations that invest in shares of a registered venture capital corporation or eligible business corporation. The small business venture capital tax credit encourages investors to make equity capital investments in B.C. small businesses, in order to give small businesses access to early-stage …

Other Incentive Programs that Work with SR&ED

BC IDMTC The BC IDMTC works in conjunction with the federal SR&ED program. Claimants must renounce BC SR&ED however it almost invariably works better for gaming companies and others that qualify for the BC IDMTC. There are a few reasons for this: the qualifying expenditures typically represent a broader base of expenditures, since they include …

Provincial SR&ED

Summary of provincial and territorial research and development (R&D) tax credits As at December 31, 2019 For a detailed calculation of a specific provincial or territorial tax credit, use the link to the applicable form. Newfoundland and Labrador Nova Scotia New Brunswick Quebec Ontario Manitoba Saskatchewan Alberta British Columbia Yukon Newfoundland and Labrador Research and development …