Summary of Get funding from Canadian Government

To get cash refund, instead of income tax credit, you must be:
1. A canadian controlled private company, neither individual
    nor foreign controlled private company.
2. Your net income less then $200,000.00 CAD annually.
 
To get 45% refund instead of 30%, you must be:
1. A canadian controlled private company, neither individual
    nor foreign controlled private company.
2. Your net income less then $200,000.00 CAD annually.

If using proxy method, maximum salary refund is 65%. However,
if you own the 10% or more of the company, maximum refund for
salary of yourself is 75%x65% =48.75%

Photos of the seminar: www.pbase.com/tuaav


Web link to SR&ED: www.ccra-adrc.gc.ca/sred

We sincerely appreciate Dr. Thomas Hu, Ms. Andrea Wang and Ms.
Eileena Chiu of SR&ED, Vancouver Tax Service Office. They worked
overtime to provide us such informative presentation.

We greatly appreciate Ms. Lilian To, CEO of S.U.C.C.E.S.S. and
Mr. Ronald Ma, director of employment services of S.U.C.C.E.S.S.
They sacrifice their weekend and provide free seminar room to
support our seminar.