Amount:No Fixed Amount Type of Program:Tax Credit Description:The New Brunswick R&D tax credit is administered by the Canada Revenue Agency and is fully refundable at the rate of 15% on eligible expenditures incurred after December 31, 2002. It is available to corporations, corporations that are beneficiaries of a trust, and corporations that are members of…
Amount:$125,000 Type of Program:Tax Credit Description:The New Brunswick Small Business Investor Tax Credit provides a 50% (for investments made after April 1, 2015) non-refundable personal income tax credit of up to $125,000 per year (for investments of up to $250,000 per individual investor) to eligible individual investors who invest in eligible small businesses and/or community…
Amount:No Fixed Amount Type of Program:Tax Credit Description:The New Brunswick Dividend Tax Credit is a non-refundable personal income tax credit. Comments on Funding:The tax credit offers two rates: 114% for eligible dividends, as defined by the federal government, paid from corporate income taxed at the general corporate income tax rate;22.75% for dividends paid from income taxed…
