Tax Incentives Practice - KPMG Canada
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Tax Incentives Practice

Tax Incentives Practice

Coordinating a network of experienced SR&ED consultants in making the most of your innovation

Helping you make the most of R&D tax incentives

What does the Tax Research and Development team do?

Our Scientific Research & Experimental Development (SR&ED) tax team is a group of engineers, accountants, and tax professionals with deep industry experience. Our consultants can help determine your company’s eligibility to recover SR&ED tax credits for the current year and prior years (subject to certain time limits). You may be able to enhance tax incentives to offset taxes payable and, in some cases, receive refundable cash incentives.

How our Tax Incentives practice helps clients:

  • Identify eligible SR&ED activities and expenditures so you can enhance your investment tax credits
  • Develop technical descriptions of your SR&ED activities and prepare all required tax forms
  • Prepare or review your SR&ED claims to confirm that they contain the necessary information
  • Equip your employee with the skills to prepare technical reports, and set up a control system for filing reports and supporting financial data
  • Participate in Canada Revenue Agency (CRA) reviews to help you justify the validity of the scientific and financial basis for your claim, and process it to its successful conclusion
  • Conduct innovation tax credit planning to identify opportunities to restructure or relocate your operations and activities to enhance tax benefits
  • Review your organization's mix of international innovation projects in light of tax benefits granted by various countries. We can draw upon the resources of KPMG's Research and Development Tax Incentives consultants around the world.

How we make it simpler

Our network of consultants work with businesses to enhance SR&ED tax credits while freeing up your technical staff's time so they can focus on implementing your corporate vision for innovation.

Additional Tax Credits

SR&ED tax credits are just one of the many tax incentives available in Canada. You may also qualify for other federal and provincial government incentives in such areas as:

  • Apprenticeships
  • Co-operative education
  • E-Business
  • Film, video, and television production
  • Games development
  • Green technology
  • Journalism
  • University collaboration
  • US R&E credit coordination

We can help you identify which corporate tax credit programs you may be eligible for in the current year and in previous years. You may be able to offset taxes payable and, in some cases, receive refundable cash incentives.

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