Crédit d’impôt de l’Ontario pour la recherche et le développement

📋 Eligible Entities - Canadian-controlled private corporations (CCPCs) - Public corporations with permanent establishments in Ontario - Partnerships (through partners) - Sole proprietors (through personal tax returns) - Businesses of any size actively conducting R&D activities in Ontario - Must have a valid Ontario tax account and file corporate tax returns ### 💰 Funding Details - Credit Rate: 3.5% of eligible R&D expenditures - Format: Non-refundable tax credit (reduces provincial income tax payable) - Repayability: Not a loan; no repayment required - Matching Requirement: None specified - Annual Cap: No stated maximum per applicant - Carryforward: Unused credits may be carried forward to subsequent tax years ### 🛠️ Approved Expenses - Salaries and wages for employees engaged in R&D activities - Scientific research and experimental development (SR&ED) activities - Materials and supplies directly consumed in R&D projects - Equipment and machinery used for R&D (capital expenditures) - Contracted R&D services performed by eligible providers - Related overhead costs directly attributable to R&D operations - Note: Expenses must meet federal SR&ED definition criteria ### ⚠️ Conditions & Milestones - Filing Requirement: Credit must be claimed on Ontario corporate tax return for the relevant tax year - Eligibility Timeline: Expenses must be incurred in Ontario during the fiscal period - Documentation: Detailed records and receipts of all R&D expenditures must be maintained - CRA Coordination: Ontario credit is integrated with federal SR&ED tax incentive program - Audit Risk: CRA may review claimed expenses; substantiation is mandatory - Retroactive Claims: Claims typically allowed within standard reassessment period (3-4 years)