Research and development tax credit
If your business incurs costs from qualified scientific research and experimental development carried out in Nova Scotia, you could receive a 15% tax credit when you file your taxes.
The refund can apply to wages, materials, machinery, equipment, overhead, and scientific research and experimental development contracts.
Your work must fall under:
- Experimental development
- Basic or applied research, or
- Work in support of research and development
Certain expenditures performed abroad are also now allowed.
Other conditions apply.
- Date modified: