At the invitation of the Ontario government trade representative to Chicago, I attended the Scientific Research and Experimental Tax (SR&ED) seminar last Friday, June 12. It was held at the Mid-America Club, on top of the Amoco Building / Aon Center / Standard Oil Tower / whatever that building is known as these days.
The seminar was hosted by various Canadian, Ontario and Quebec government entities. While the amount of information concerning this topic was only ‘scratched’ during this presentation, it still seemed to be a rather exhaustive description of the type of tax credits out there; the types of research that may be funded by tax credits and the criteria that fundable research must meet.