Alberta Scientific Research and Experimental Development Tax Credit Program
Does your corporation carry on scientific research and experimental development (SR&ED) activities in Alberta? If so, you may be able to claim this tax credit if:
- Your corporation has a permanent establishment in the province at any time during the taxation year
- Your corporation meets the federal definition of SR&ED
Based on 10% of the eligible Alberta SR&ED expenditures, the tax credit is limited to a maximum of $400,000 in a taxation year. Other conditions apply.