Eligibility of Work for SR&ED Investment Tax Credits Policy – April 2015 Update

Date: April 24, 2015

The Eligibility of Work for SR&ED Investment Tax Credits Policy has been revised to provide clarification of concepts in policy, based on feedback received from stakeholders. The policy now includes an appendix that explains the major changes made in this revision.

In conjunction with the revision to the policy, the following SR&ED Glossary terms have been modified, or removed:

• Modified terms:
  • Technology base or level (has been changed to scientific or technological knowledge base)
  • Social sciences
  • Engineering
  • Systematic investigation or search
  • Analysis
  • Hypothesis
• Removed terms:
  • Scientific method
  • Standard practice
  • Routine engineering