December 2022

Technological Advancement

Technological Advancement: What Is Good Enough For SR&ED?

Although it’s located right at the heart of SR&ED is Technological Advancement, many people aren’t sure what counts. Luckily, the Canadian Revenue Agency (CRA) gives us a clear definition and criteria on the subject. Let’s start right at the top. Technological Advancement Defined As defined by the CRA: “scientific or technological advancement is the generation or discovery …

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