New Brunswick Research and Development Tax Credit

New Brunswick
Government of New Brunswick, Finance and Treasury Board
Funding Amount
15% on eligible expenditures incurred after December 31, 2002
Funding Limits
N/A
Program Contact Details
Email information unavailable
1-800-959-5525
Industry
All industry sectors

What is this funding for?

Tax credit for R&D in New Brunswick

Program Description

The New Brunswick Research and Development Tax Credit is a fully refundable tax credit for New Brunswick corporations to help fund their research activity. It is applied to Scientific Research and Experimental Development (SR&ED) expenditures as defined by the Federal Income Tax Act. The credit is administered by the Canada Revenue Agency (CRA).

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