Crédit d’impôt pour l’investissement dans le développement régional

📋 Eligible Entities - Corporations (primary eligible entity for this tax credit) - Businesses with commercial or industrial property investments - Must be operating or planning operations in designated regional development zones in Ontario - No minimum business size requirement specified ### 💰 Funding Details - Credit Amount: 10% tax credit on eligible property investments - Maximum Credit: $45,000 per eligible corporation - Structure: Refundable tax credit (can result in cash refund if credit exceeds tax liability) - No matching requirement: Funds are not repayable; structured as a tax credit against corporate income tax - Application basis: Credit applies to qualifying capital expenditures for real estate ### 🛠️ Approved Expenses - Construction of new commercial or industrial buildings - Renovations to existing commercial or industrial properties - Purchases of commercial or industrial real estate buildings - Property must be located in designated regional development areas of Ontario - Expenses must relate to depreciable capital assets (buildings and permanent improvements) ### ⚠️ Conditions & Milestones - Geographic restriction: Investment must occur in eligible regional development zones within Ontario (specific regions must be verified with program guidelines) - Property use requirement: Buildings must be used for commercial or industrial purposes - Timing: Credit is claimed through corporate tax return filing; typically available in the year the property is acquired or construction completed - Documentation: Proof of purchase or construction costs and property location in eligible region required - No double-dipping: Cannot claim credit on properties already receiving other government subsidies for the same expenses - Clawback risk: Credit may be forfeited if property is sold or use changes within specified holding period (verify exact terms)