Canada: Tax credit carryforward period extended to seven years (Saskatchewan)

Saskatchewan’s technology start-up incentive credit is also extended.

Saskatchewan’s technology start-up incentive credit is also extended.

Saskatchewan Bill 30 and Bill 35 are now law, having received Royal Assent on 13 May 2021

  • Bill 30 extends the province's technology start-up incentive credit through to 31 March 2026.
  • Bill 35 extends the credit carryforward period to seven years (from four years), effective 1 January 2021.

These changes were announced in Saskatchewan's 2021 budget that was delivered on 6 April 2021. Read TaxNewsFlash
 

Read a June 2021 report prepared by the KPMG member firm in Canada

 

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