Tax Credit

Tax Credit for a Design Activity Carried out by an Outside Consultant

An eligible corporation (or an eligible partnership of which such a company is a member) which, for the taxation year, holds an eligibility certificate issued by the Minister of Finance and Economy or the Minister of Economy, Innovation and Exports in relation to a design activity carried out under a contract with a qualified outside consultant may, under certain conditions, claim a tax credit for eligible expenses incurred in connection with this contract.

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  • Last updated 3 years ago
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Description
An eligible corporation (or an eligible partnership of which such a company is a member) which, for the taxation year, holds an eligibility certificate issued by the Minister of Finance and Economy or the Minister of Economy, Innovation and Exports in relation to a design activity carried out under a contract with a qualified outside consultant may, under certain conditions, claim a tax credit for eligible expenses incurred in connection with this contract.