Cantax Direct # 20180409-1
Troubleshooting Memo Update
An updated Troubleshooting Memo is available on our Web site.
New items in the Troubleshooting Memo:
- Schedule 566, Ontario Innovation Tax Credit (S566) – Enhanced rate for scientific research and experimental development (SR&ED) qualified expenditures incurred after March 27, 2018
- Schedule 508, Ontario Research and Development Tax Credit (S508) – Increase in the rate of the tax credit for eligible SR&ED expenditures incurred after March 27, 2018, when the eligible SR&ED expenditures incurred in the year are over $1,000,000
Please refer to this document to see if these topics affect any of your clients' corporate tax returns.
To view the Cantax T2 and T2Plus Troubleshooting Memo,
consult our Web site.