SR&ED and RSDE, OITC are Canadian Federal Tax Credits
TCEG provides SR&ED tax credit claim preparation services, with particular expertise in manufacturing and information technology claims.
SR&ED - SR&ED, sometimes contracted to SRED, pronounced like "Shred", stands for Scientific Research and Experimental Development.
RSDE - is the same thing, except in French. For the curious, it is "Recherche scientifique et développement expérimental (RS&DE)"
OITC - Ontario Innovation Tax Credit (OITC) is a 10% credit that is administered along the same rules as SR&ED. Because of the very similar rules, and the harmonized administration (i.e. the same division of government administers both programs), OITC is frequently discussed along with SR&ED, at least in Ontario.
Next Steps
- Read about Toronto SRED Consultants
- Contact TCEG