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Federally, the maximum Investment Tax Credit (ITC) depends on the company's legal status and amount of qualified expenditures for SR&ED carried out in Canada. [ 4 ] Canadian-controlled private corporation (CCPC): the ITC is 35% of the first $3 million in qualified expenditures, and 15% on any excess amount.
The Canada Revenue Agency (CRA; French: Agence du revenu du Canada; ARC) is the revenue service of the Canadian federal government, and most provincial and territorial governments. The CRA collects taxes , administers tax law and policy , and delivers benefit programs and tax credits. [ 4 ]
Computerised National Identity Card (CNIC) and Juvenile Card: Computerized National Identity Card (CNIC) and SNIC issued by National Database and Registration Authority (NADRA). The CNIC with a unique 13 digit identification number can be applied for aged 18 and above.
Refund. Chargeback. Refunds are initiated by a merchant after you return an item that was legitimately purchased. Chargebacks are initiated by your credit card company after you file a billing ...
The return is the method by which the Canadian government determines the appropriate amount of tax that should be paid by individuals and corporations. The result of filing a return with the federal government can result in either a refund (money owed to the person or corporation filing the return), or an amount due to be paid.
The Credit Institute of Canada (CIC) (French: Institut de crédit du Canada) is a not-for-profit organization created by a special Act of Parliament on June 11, 1928. The CIC provides credit management resources, education and certification to its members and is the only organization that grants official designations to professionals in the Canadian credit management field.
Immigration, Refugees and Citizenship Canada (IRCC; French: Immigration, Réfugiés et Citoyenneté Canada) [NB 1] is the department of the Government of Canada with responsibility for matters dealing with immigration to Canada, refugees, and Canadian citizenship. The department was established in 1994 following a reorganization.
SkilledTradesBC is a provincial government agency in the province of British Columbia, Canada. It was established in 2004 as Industry Training Authority (ITA) to replace the Industry, Training and Apprenticeship Commission (ITAC) after the Government of BC abolished mandatory certification for skilled trades in 2003. [ 1 ]