Rate
Description
Québec
R&D Wage Tax
Credit
9
Canadian-
controlled
corporations—37.5%
Others—17.5%
Refundable tax credit for R&D wages
of Québec-based employees of a
corporation that carries on business in
Canada and performs R&D in Québec,
or has such work carried out on their
behalf in Québec. The corporation no
longer needs to have a PE in Québec
This credit is also available for 50%
of amounts paid to an unrelated
subcontractor for R&D performed by
employees in Québec and for 100% of
amounts attributed to wages paid to
employees of a related subcontractor in
Québec
Québec Enhanced
R&D Wage Tax Credit
10
Approved Canadian-
controlled
pharmaceutical
corporations—27.5%
Refundable tax credit for R&D wages
of Québec-based employees of an
approved pharmaceutical corporation
that carries on business in Québec.
New Brunswick
11
15%
Refundable tax credit for eligible
expenditures incurred in New Brunswick
by a corporation with a PE in the
province
Nova Scotia
11
15%
Refundable tax credit for eligible
expenditures incurred in Nova Scotia by
a corporation with a PE in the province
Newfoundland and
Labrador
11
15%
Refundable tax credit for eligible
expenditures incurred in Newfoundland
and Labrador by a corporation with a PE
in the province
Yukon
11
15% to 20%
Refundable tax credit for eligible
expenditures incurred in Yukon by a
corporation with a PE in the province
Provincial Research and Development Tax Incentives / 85
Current as of May 3, 2013
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