Tax Credit
Ontario Innovation Tax Credit (OITC)
Qualifying corporations can claim a refundable tax credit for qualified expenditures on scientific research and experimental development performed in Ontario.
- 4.5/5.0
- Ontario. Finance
- All levels
- Last updated 3 years ago
- English
Description
Qualifying corporations can claim a refundable tax credit for qualified expenditures on scientific research and experimental development performed in Ontario.- Encourage R&D in Ontario.