Welcome!

Agile Computing Authors: Carmen Gonzalez, Pat Romanski, Yeshim Deniz, Liz McMillan, Elizabeth White

News Feed Item

CRA Delivers Enhanced Administration and Predictability for SR&ED Claimants

OTTAWA, ONTARIO -- (Marketwire) -- 01/24/13 -- The Canada Revenue Agency (CRA) administers the Scientific Research and Experimental Development (SR&ED) tax incentive program on behalf of the Government of Canada. The CRA is committed to informing businesses in Canada about available incentives, making them easily accessible, and managing the SR&ED program with fiscal integrity.

In response to Economic Action Plan 2012, the CRA is taking the following steps to improve the predictability of the outcome of SR&ED claims:


--  conducting a pilot project to determine the feasibility of a formal pre-
    approval process; 
--  enhancing the on-line eligibility self-assessment tool; 
--  improving the Notice of Objection process; and 
--  working collaboratively with industry representatives to address
    emerging issues.

Formal pre-approval process (FPAP) service

The CRA understands that businesses would like to have more certainty about whether their claim qualifies for the SR&ED investment tax credits. To respond to this need, the CRA is looking at the feasibility of a formal pre-approval process (FPAP). The CRA will test the concept through a pilot project that will begin during the spring of 2013.

The proposed FPAP service will provide enhanced predictability of the eligibility of an entire SR&ED claim or a specific project. The CRA will work with claimants in real time to help determine what work and expenditures are eligible for SR&ED investment tax credits and what supporting evidence is required. If the pilot project is successful, the proposed FPAP service should result in faster claim processing as it will eliminate the need for a post-filing, on-site review of SR&ED claims.

In order to test and evaluate the proposed FPAP service and ensure that it meets the needs of claimants, the CRA is currently seeking participants for the FPAP pilot project. Information about the pilot project and the possibility of participating can be found on the CRA Web site at http://www.cra-arc.gc.ca/txcrdt/sred-rsde/whtsnw/prpprvlsrvc-eng.html.

On-line eligibility self-assessment tool (ESAT)

The CRA is enhancing the on-line eligibility self-assessment tool (ESAT) that has been available since 2008. The enhanced ESAT will continue to help claimants to determine if the research and development work that has been done has the potential to satisfy the requirements of the SR&ED program. It has been designed to help claimants to better understand the SR&ED policy on the eligibility of research and development work and to determine in a practical way how it applies to a particular business. The enhanced ESAT could also assist claimants in completing Form T661, Scientific Research and Experimental Development (SR&ED) Expenditures Claim. Several members of the SR&ED community will be testing a preliminary version of the tool and providing feedback before the enhanced ESAT is made available on the CRA Web site.

Notices of Objection for claims

The CRA has improved the review process for Notices of Objection related to the scientific eligibility of SR&ED claims. The CRA has hired additional scientific staff with a broad range of science and engineering expertise who can perform a more specialized review in addressing the SR&ED scientific eligibility issues that claimants have raised in their Notices of Objection. The reviews have also been expanded to provide for greater contact between the CRA's SR&ED scientific staff and the claimants.

Collaboration: listening to stakeholders

The CRA continues to meet with industry representatives to discuss and address emerging SR&ED issues. For example, in October 2012, the CRA held a forum for the oil and gas and mining industry. One of the objectives of the forum was to discuss issues of importance to both the CRA and the industry related to the SR&ED program.

The CRA also jointly developed with SR&ED stakeholders case studies on emerging technical issues for discussion at the forthcoming Association de planification fiscale et financiere (APFF) SR&ED Symposium to be held in Montreal, Quebec, in February 2013.

Policy Review Project

Following nearly 16 months of public consultations, in December 2012, the CRA announced the successful completion of its SR&ED Policy Review Project and released consolidated SR&ED policy documents. None of the principles were changed, but the text was re-written to improve clarity and readability. The policy information was reformatted and restructured and is now presented in a user-friendly way on the CRA Web site. The new format of the policy documents makes it easier for the CRA to update them regularly to reflect legislative changes and to facilitate understanding through, for instance, the addition of more examples.

More information

For more information about the SR&ED program, visit http://www.cra-arc.gc.ca/txcrdt/sred-rsde/menu-eng.html or contact the CRA.

Stay connected (www.cra.gc.ca/socialmedia)

To receive updates when new information is added to our Web site, you can:

- follow the CRA on Twitter - @CanRevAgency;

- subscribe to a CRA electronic mailing list; and

- add our RSS feeds to your feed reader.

You can also visit us on YouTube for tax-related videos.

Contacts:
Noel Carisse
Canada Revenue Agency
Media Relations
613-952-9184

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develop...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business. Though, IoT is far more complex than most firms expected with a majority of IoT projects having failed. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, Chief IoTologist at Wipro, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology portfolios and business models to adopt and leverage IoT. He will delve in...
In his session at @ThingsExpo, Steve Wilkes, CTO and founder of Striim, will delve into four enterprise-scale, business-critical case studies where streaming analytics serves as the key to enabling real-time data integration and right-time insights in hybrid cloud, IoT, and fog computing environments. As part of this discussion, he will also present a demo based on its partnership with Fujitsu, highlighting their technologies in a healthcare IoT use-case. The demo showcases the tracking of patie...
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you...
Unsecured IoT devices were used to launch crippling DDOS attacks in October 2016, targeting services such as Twitter, Spotify, and GitHub. Subsequent testimony to Congress about potential attacks on office buildings, schools, and hospitals raised the possibility for the IoT to harm and even kill people. What should be done? Does the government need to intervene? This panel at @ThingExpo New York brings together leading IoT and security experts to discuss this very serious topic.
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change the...
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
“We're a global managed hosting provider. Our core customer set is a U.S.-based customer that is looking to go global,” explained Adam Rogers, Managing Director at ANEXIA, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, introduced the technologies required for implementing these idea...
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Onalytica. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet and...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.