Alberta SR&ED is managed by Alberta Ministry of Finance and Enterprise.
Available to: Any corporation with permanent set-up in Alberta that is involved in SR&ED and qualified for federal SR&ED tax credit after December 31, 2008. It is refundable at 10% on up to $4 million in eligible expenditure. Please note that the definition of eligible expenditure was revised after December 31, 2012.
The deadline to claim the credit: 15 months after the corporation’s filing due date.
Carryback and carryforward: The tax credit cannot be carried back or forward.
Assistance: The federal pool of deductible and eligible SR&ED credit will be cut down by the Alberta SR&ED tax credit.
Recapture: Not required
Potential to renounce: Not required
(Research and development (R&D) tax credit and the funding is in addition to the federal SR&ED program)
(This information is correct as at 31 March, 2019)
Alberta region is served through our office in Calgary
Canadian SR&ED Solutions
Suite # 2010 - First Alberta Place
777 - 8 Avenue SW