Ontario business-research institute tax credit

The business-research institute tax credit is a 20% refundable tax credit based on qualified expenditures for the tax year incurred in Ontario under an eligible contract with an eligible research institute.

The annual qualified expenditure limit is $20 million. If a corporation is associated with other corporations at any time in a calendar year, the $20 million limit must be allocated among the associated corporations. The maximum tax credit that a qualifying corporation or an associated group of corporations can claim in a tax year is $4 million (20% of $20 million).


You are eligible to claim an Ontario business-research institute tax credit if you meet all of the following conditions:

Eligible research institutes

Use the following list of eligible research institutes to locate the applicable ERI Code for each eligible contract. Enter this information in Part 1 of Schedule 569, Ontario Business-Research Institute Tax Credit Contract Information.

Claiming the credit

Complete Schedule 568, Ontario Business-Research Institute Tax Credit, to claim the credit and complete Schedule 569, Ontario Business-Research Institute Tax Credit Contract Information, for each eligible contract.

For more information on the credit, see the schedules and section 97 of the Taxation Act, 2007 (Ontario).

On line 470 of Schedule 5, Tax Calculation Supplementary – Corporations, enter the amount of the credit you are claiming.

Supporting documents – Keep a copy of each eligible contract to support your claim.

Forms and publications

Government partners

Page details

Date modified: