Continuing to allow claimants and providers to agree on their own fee
arrangements will help maintain access to the program for small and
TORONTO, March 21, 2013 /CNW/ - Garry Round, Ryan Principal and
President of Canadian Operations, today issued the following statement:
"Ryan commends the government on the changes to the Scientific Research
& Experimental Development (SR&ED) program announced today in Economic
Action Plan 2013. These changes should improve the program, reducing
compliance costs and deterring questionable claims.
For this program to foster innovation in Canada, the application process
must be simple enough to facilitate access by cutting edge companies,
while at the same time rigorous enough to deter questionable claims.
The changes announced today will help ensure that this balance is
Ryan is particularly pleased that the government listened to the
unanimous message of the stakeholders it consulted last year – that,
allowing claimants the freedom to choose to engage providers through
contingency fee arrangements is important to the effectiveness of the
SR&ED program. In particular, because contingency fees are essential to
ensuring that small and medium-sized enterprises are able to access the
program. We are glad to see that the government listened to the
stakeholders, and responded accordingly."
Ryan is an award-winning global tax services firm, with the largest
indirect tax practice in North America and the seventh largest
corporate tax practice in the United States. Since 1974, the Firm's
Canadian practice, located in Toronto, Ontario, has advised companies
on a variety of tax matters, both provincially and nationally.
Headquartered in Dallas, Texas, Ryan provides a comprehensive range of
state, local, federal, and international tax advisory and consulting
services on a multi-jurisdictional basis, including audit defence, tax
recovery, credits and incentives, tax process improvement and
automation, tax appeals, tax compliance, and strategic planning. Ryan
is a three-time recipient of the International Service Excellence Award
from the Customer Service Institute of America (CSIA) for its
commitment to world-class client service. Empowered by the dynamic myRyan work environment, which is widely recognized as the most innovative in
the tax services industry, Ryan's multi-disciplinary team of more than
1,600 professionals and associates serves over 9,000 clients in 40
countries, including many of the world's most prominent Global 5000
companies. More information about Ryan can be found at www.ryanco.ca.
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