Manitoba Research and Development Tax Credit
No fixed amount
Tax Credit
Description:
The Manitoba Research and Development Tax Credit provides businesses with a permanent establishment in Manitoba carrying scientific research and experimental development projects in Manitoba a 15% tax credit.
Comments on Funding:
Corporations may earn a tax credit which can be applied against Manitoba corporate income tax payable in the year earned, with unused credits available for a 20-year carry-forward (previously 10 years) and a three-year carry-back.
Rolling deadline
Eligibility:
Applicants must be businesses with a permanent establishment in Manitoba carrying scientific research and experimental development projects in Manitoba.
Application Steps:
Applicants must contact Manitoba Tax Assistance Office
110A – 401 York Avenue
Winnipeg, MB R3C 0P8
Phone: 204-948-2115 or 1-800-782-0771 (in Manitoba) Fax: 204-948-2263
E-mail: tao@gov.mb.ca
Website: www.gov.mb.ca/finance/tao/index.html
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice
