Tax Credit for Fees and Dues Paid to a Research Consortium
RD-1029.8.9.03-V
This form must be filed by any taxpayer that wants to claim a tax credit for fees or dues it or the partnership of which it is a member paid to an eligible research consortium.
To receive the credit, the taxpayer must have paid fees or dues to an eligible research consortium in a taxation year beginning before March 26, 2025. If the taxpayer is claiming the credit as a member of a partnership, the partnership must also have paid fees or dues to an eligible research consortium in the fiscal period beginning before March 26, 2025.
Note that the balance of the cumulative fees or dues paid by the taxpayer or partnership at the end of the taxation year or fiscal period that ended after March 25, 2025, may give entitlement to a tax credit for a taxation year ending no later than December 31, 2029.