15. Tax credit for scientific research and experimental development (Line 462)

You may be entitled to a refundable tax credit if you operated a business in Canada, you carried out scientific research and experimental development (R&D) or had R&D carried out on your behalf, and your taxation year began before March 26, 2025.

Likewise, you may be eligible for a refundable tax credit if you are a member of a partnership that operated a business in Canada and carried out R&D or had R&D carried out on its behalf, and whose fiscal period began before March 26, 2025.

This tax credit has been eliminated for taxation years and fiscal periods beginning after March 25, 2025. It has been replaced by the new tax credit for R&D and pre-commercialization, which can only be claimed by corporations and corporations that are members of a partnership.

End of note

Forms to enclose

Tax Credit for Salaries and Wages (R&D) (RD-1029.7-V)
Tax Credit for University Research or Research Carried Out by a Public Research Centre or a Research Consortium (RD-1029.8.6-V)
Tax Credit for Fees and Dues Paid to a Research Consortium (RD-1029.8.9.03-V)
Tax Credit for Private Partnership Pre-Competitive Research (RD-1029.8.16.1-V)