This incentive, program, or service is not administered by Invest Nova Scotia. Our information may have errors and/or be out of date.
Please confirm details with the provider.
Please confirm details with the provider.
This credit offers tax relief to Nova Scotia corporations that incur qualified scientific research and experimental development (SR&ED) expenditures made in Nova Scotia, as defined by the federal Income Tax Act. You can claim this credit if you have a permanent establishment in Nova Scotia and if you made eligible expenditures for research and development carried out in Nova Scotia.
The credit is equal to 15% of eligible expenditures. The credit is fully refundable, but must be applied first against total taxes payable.