SR&ED tax credit for growers

February 15, 2011

Canola growers in Alberta that do not request a refund of their check off from the Alberta Canola Producers Commission (ACPC) qualify for a federal tax credit.

The Scientific Research and Experimental Development (SR&ED) tax credit allows canola growers to claim the tax credit for that portion of the check off paid that was used to fund qualifying research.

ACPC General Manager Ward Toma explains.

click here for the details on the SR&ED tax credit for canola growers in Alberta.

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