Nova Scotia venture capital tax credit
“Canada Revenue Agency (CRA)”
The funder does not disclose this information
Maximum Eligible Amount
Tax Credit
Fund Type
This new venture capital tax credit is available for both individuals and corporations who invest in a qualifying venture capital fund after March 31, 2019, and before April 1, 2024.
The tax credit is equal to 15% of the eligible investment up to the annual maximum eligible investment. The credit is not refundable. Apply the venture capital tax credit first to reduce the tax payable for the year to zero. If unclaimed credits remain, you can carry them back to the three previous tax years ending after March 31, 2019. You can also carry them forward to the seven following tax years.