Registered mustard producers eligible for 23% tax credit

The Scientific Research and Experimental Development (SR&ED) tax credit is a federal government program that encourages research and development by providing tax-based incentives.

For 2018, Saskatchewan mustard producers may claim 23% of their checkoff contributions as a qualifying SR&ED expenditure on their federal tax return.

The tax credit percentage is based on the amount the Saskatchewan Mustard Development Commission has invested in research and development that meets the criteria laid out by the Canada Revenue Agency (CRA).

More information on the SR&ED program is available from Canada Revenue Agency:


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