TORONTO, Oct. 11 /CNW/ - The Department of Finance and Canada Revenue
Agency (CRA) recently announced a joint consultation process on improving the
federal tax incentives for scientific research and experimental development
(R&D). The consultation process will allow businesses to express their views
on how the government can make Canada's R&D incentive program more effective.
Alan Katiya, partner, KPMG's SR&ED Services Group is available to provide
background and comment on the following issues surrounding the R&D tax
- How R&D tax incentives affect the performance of R&D in Canada
- How R&D tax incentives contribute to increasing private sector
investment in R&D
- Features of the R&D tax incentives that impede the growth of small
and medium sized innovative Canadian companies and how?
- How more private sector R&D can be leveraged
- How the administration of the R&D tax incentive can be further
improved and its complexity reduced
- How do multinationals make decisions in choosing one country over
another for R&D
For further information on the R&D government consultations please visit:
Alan Katiya, FCA, is the National Leader and Partner for KPMG's SR&ED
Services Group. Al founded the SR&ED practice over 15 years ago consisting of
teams of engineers, accountants and tax experts. Al has acquired significant
experience in filing and defending SR&ED claims for a variety of industries.
He was a member of the CRA's industry/government SR&ED Partnership Committee
advising CRA on SR&ED matters. Prior to joining KPMG, Al was a senior tax
policy adviser with the Department of Finance. Over the years, Al has written
extensively on SR&ED topics in the Canadian Tax Journal.
About KPMG in Canada
KPMG LLP, a Canadian limited liability partnership established under the
laws of Ontario, is the Canadian member firm of KPMG, a global network of
professional firms providing audit, tax, and advisory services. We operate in
148 countries and have more than 115,000 professionals working in member firms
around the world.
The independent member firms of the KPMG network are affiliated with KPMG
International, a Swiss cooperative. KPMG International provides no client
For further information:
For further information: To arrange an interview please contact: Julie
Bannerjea, KPMG, (416) 777-3243, firstname.lastname@example.org; Erin O'Reilly, Media
Profile, (416) 342-1811, email@example.com