The 2019 Federal Budget, 464 pages long, contains one
significant change to SRED rules. The erosion of the annual expenditure limit
on account of the previous year’s taxable income exceeding $500k will cease.
The change applies to taxation years ending now and later.
A blog musing about life, SR&ED issues, with observations about economics, history, and philosophy.
Wednesday, 20 March 2019
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