How to reduce tax?
This is a discussion on How to reduce tax? within the Tax forums, part of the Managing Business category; One way to reduce tax is to apply for government incentive programs. For instance, in Canada, the SR&ED ...
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07-30-2008, 03:36 PM
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Re: How to reduce tax?
One way to reduce tax is to apply for government incentive programs. For instance, in Canada, the SR&ED program provided $3 billion in subsidies (both cash and tax credits) for Canadian businesses, to reimburse them for R&D activities. Companies which claim a SR&ED return can get up to 41.5% of their R&D dollars reimbursed.
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