SR&ED Tax Credits - Textile
The development from a basic textile fibre to its final application may be considered SR&ED (Scientific Research and Experimental Development). Even if you outsource some of your operations in emerging countries, it is likely that some of the research and development (R&D) expenditures are eligible for SR&ED tax credits. The Textile industry is considered a major consumer of high technology. Pro Gestion will help demystify the gray areas of the program depending on the type of activity performed in your factories or by your subcontractors. Our consultants are experts in SR&ED and know how to guide you through the meshes of the SR&ED tax credits program. Contact us to receive an eligibility assessment for free.