Credit deductions

Quebec credit deductions using consulting services in technological adaptation

Income tax deduction is calculated by multiplying 50% of the admissible expenses paid towards a recognized technological research facility

Admissible expenses

• An amount equal to 80% of the admissible honorary fees related to survey activities or to liaison services and technological transfer.
• Total amount of participation fees :

1. Activities related to education and information
2. Activities related to liaison and transfer

To consult the list of certified technological research facilities and find out more about income tax deductions, visit the following web site www.dec-ced.gc.ca

How to apply for credit deduction?

In order to apply, the society must fill out and attach its declaration with the following form Crédit d'impôt pour services d'adaptation technologique (CO-1029.8.21.22). If the form is not sent with the income tax declaration, the Society must send it to Quebec Revenue within 12 months following the deadline in producing a revenu declaration for that year.

Also must attach a copy of the receipt from one of the following centers :

• A liaison and transfer admissible center
• A College technological transfer facility.