Crédit d'impôt pour la recherche précompétitive en partenariat privé ### 📋 Eligible Entities - Private corporations (with or without share capital) - Sole proprietors operating as businesses - Partnerships engaged in commercial activities - Cooperative enterprises - Must be Canadian-controlled private corporations (CCPC) or small/medium enterprises (SMEs) - Both partners in the R&D collaboration must be private sector entities - Entities must be actively engaged in eligible R&D activities ### 💰 Funding Details - Grant Amount: Refundable tax credit up to 30% of eligible R&D expenditures - Structure: Non-repayable tax credit (refundable component) - Matching Requirements: Must involve partnership with at least one other private company - Payment Method: Credits applied against tax liability; excess amounts refunded to claimant - No Fixed Maximum: Credit scales with eligible expenses claimed - Timing: Credits calculated on annual tax returns following project completion ### 🛠️ Approved Expenses - Salaries & Wages: Direct R&D personnel (researchers, technicians, engineers) - Subcontracted R&D Work: Payments to partner companies for R&D services - Materials & Supplies: Consumables directly used in R&D projects - Equipment & Tools: Depreciation or rental costs for R&D equipment - Facilities: Portion of facility costs directly attributable to R&D - Contracted Services: External R&D consulting and technical support - Documentation & IP: Patent searches, regulatory testing, technical documentation ### ⚠️ Conditions & Milestones - Partnership Requirement: R&D must be conducted in partnership with another private company (non-negotiable) - Precompetitive Stage: Work must be at the precompetitive or early-stage development phase - Documentation: Maintain detailed records of all eligible expenses and partnership agreements - Claim Deadline: Credits must be claimed within prescribed tax filing timelines - Eligibility Verification: CRA may audit and