Small Business Deduction

“Canada Revenue Agency (CRA)”

SVG
SVG

The funder does not disclose this information

Maximum Eligible Amount

Tax Credit

Fund Type

Corporations that were Canadian-controlled private corporations (CCPCs) throughout the tax year may be able to claim the small business deduction (SBD). The SBD reduces Part I tax that the corporation would otherwise have to pay.

  • Corporations that were Canadian-controlled private corporations (CCPCs) throughout the tax year may be able to claim the small business deduction (SBD).



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