What do you think of the Alberta Innovation Tax Credit?
As part of the Alberta Jobs Plan, the Alberta government has invested $90 million towards an Alberta Investor Tax Credit (AITC) to encourage investment in non-traditional sectors with strong job creation potential.
The 3-year AITC is applicable across sectors, offering a 30% tax credit to investors who provide capital to Alberta small businesses doing research, development or commercialization of new technology, new products or new processes.
AITC, and tax credits like it, have been a consistent advocacy priority of BioAlberta for over five years. We are pleased to see that the Alberta government has followed through on implementing AITC, and wanted to ask companies involved in the high-tech sector what their experience has been with the credit. The purpose of this forum is to start a discussion around the AITC, to gather feedback from users to help us in advocating for improvements to the
To contribute your thoughts, join the forum and leave your comment below. You must first create a User Profile or log in with existing User Profile.