Research & Development Cost Recovery
The Canada Revenue Agency - CRA offers an incentive program in the form of refunds or tax credits to encourage firms within Canada to develop new or improved products, materials, devices, or processes. NMI has expertise to identify expenditures that will qualify for tax credits offered by CRA.The rules are extremely complex and burdensome. Using CRA policies and internal rulings, NMI professionals are able to support the tax credits with appropriate documentation to ensure the maximum recovery is obtained for this program.