Ontario Innovation Tax Credit
Ontario
Government of Ontario, Ministry of Finance
Funding Amount
8% of qualified expenditures
Funding Limits
$240,000 for taxation years that commence after May 31, 2016
Program Contact Details
Email information unavailable
1-800-959-5525
Industry
All industry sectors
What is this funding for?
Refundable tax credit for R&D in Ontario
Program Description
The Ontario Innovation Tax Credit allows qualifying corporations to claim a refundable tax credit for qualified expenditures on scientific research and experimental development performed in Ontario.
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