News

March 20, 2015

Claim an SR & ED Investment Tax Credit for your Canary Seed Levy

The Scientific Research and Experimental Development (SR&ED) tax credit is available on the portion of check-off levies spent on qualified projects.

For the 2014 taxation year, CSDCS has determined that 25 per cent of the canary seed levy collected is eligible for this federal tax credit.

For more information on the tax credit, talk to your accountant or go to the Canada Revenue Agency website at www.cra-arc.gc.ca/sred/.