Author: Vijay Stevens, CPA YALE PGC LLP / Senior Tax Manager E: [email protected]

Edited by: Integra International Grant Gilmour, B.Sc., MBA, CA, CPA Canada, BC, CPA USA, Az, GDipICL.Sc. INTEGRA TAX WORLD NEWSLETTER EDITOR E: [email protected]

 

Research and Development Canada A brief history of Research and Development in Canada

Governments of Canada have encouraged technological development and industrial research for over 100 years. In 1916 the government, in response to war pressure founded the National Research Council with a view to stimulating Scientific Research and Development. The understanding that Technology leads to economic development growth and wealth creation has led governments, both Liberal and Conservative, to encourage the development of technology through various policy initiatives. From its inception with the National Research Council in 1916 to the landmark passage of Bill C-15 in 2026, the SR&ED program has undergone a dramatic evolution, culminating in what is now the most significant expansion of R&D incentives in nearly half a century.… Read More

Author: Tetsunori (Ted) Chiba, CPA, CPTADM Actus Tax Corporation E: [email protected]

Edited by: Integra International Grant Gilmour, B.Sc., MBA, CA, CPA Canada, BC, CPA USA, Az, GDipICL.Sc. INTEGRA TAX WORLD NEWSLETTER EDITOR E: [email protected]

 

Japan — Tax Incentives and International Considerations

Japan has had little tax incentives focusing on inbound investment; however, it does have a few for international aspects.

Encouraging foreign citizens to live and work in Japan No specific tax incentives/subsidies only for inbound investment by foreign company, but Foreign tax sparing credit for outbound investment by Japanese companies (including JPN subsidiary of foreign company) Tax incentive for research and Experimentation (Research  and development) Encouraging Foreign Citizens to Live and Work in Japan

Income Tax Relief for Non‑Permanent Residents

Japan provides income tax relief for individuals classified as non‑permanent residents.… Read More

Author: Judith Burson, CA DM Gibson Accountants Limited E: [email protected]

Edited by: Integra International Grant Gilmour, B.Sc., MBA, CA, CPA Canada, BC, CPA USA, Az, GDipICL.Sc. INTEGRA TAX WORLD NEWSLETTER EDITOR E: [email protected]

 

New Zealand’s R&D tax credit regime

 

Summary

In the past couple years there have been several changes to the mechanism to apply for R&D tax credit regime.  The most significant is that previously applications for R&D was handled through a commercial entity via a grant mechanism, however it is now handled by the New Zealand Inland Revenue Department using the R&D Tax Incentives.

The R&D tax credit regime is designed to encourage business-led innovation by providing a refundable tax credit or cash out for qualifying expenditure, with strict eligibility criteria and caps on foreign research.… Read More

Author: David Mayer, CPA, MST Think Advisors LLP / Partner E: [email protected]

Edited by: Integra International Grant Gilmour, B.Sc., MBA, CA, CPA Canada, BC, CPA USA, Az, GDipICL.Sc. INTEGRA TAX WORLD NEWSLETTER EDITOR E: [email protected]

The U.S. Federal R&D Tax Credit in a Global Context

The U.S. Federal R&D Tax Credit in a Global Context

The United States has long positioned itself as a global leader in innovation, supported in part by the federal Research & Development (R&D) tax credit. Yet as other major economies expand and refine their own incentive programs, the U.S. credit increasingly appears less generous and more complex than many of its international counterparts. Understanding how the U.S. system compares globally is essential for companies making strategic decisions about where to invest in innovation.… Read More