Amount:No Fixed Amount Type of Program:Tax Credits Description: The Community Food Program Donation Tax Credit for Farmers is a non-refundable income tax credit for farmers who donate agricultural products to eligible community food programs in Ontario, including food banks. The credit is worth 25% of the fair market value of the agricultural products donated and can […]
Tax Credits
Government of Ontario, Ministry of Finance -Small Beer Manufacturers’ Tax Credit (2021)
Amount:No Fixed Amount Type of Program:Tax Credit Description: The Small Beer Manufacturers’ Tax Credit under the Taxation Act, 2007 provides for a refundable tax credit available to eligible beer manufacturers having worldwide production in the previous year, pursuant to the 2018 Ontario Budget, over 4.9 million litres (49,000 hL) but less than 30 million litres (300,000 […]
Canada Revenue Agency – Ontario Research and Development Tax Credit (ORDTC) (2021)
Amount:No Fixed Amount Type of Program:Tax Credits Description: The ORDTC is a non-refundable tax credit based on eligible scientific research and experimental development performed by qualifying corporations in Ontario to reduce their Ontario corporate income tax payable.Comments on Funding: Funding is a non-refundable tax credit based on eligible expenditures incurred by a corporation in a tax year. […]
Ontario Apprenticeship Training Tax Credit – Ontario Ministry of Finance (2021)
Amount:No Fixed Amount Type of Program:Tax Refund Description: The Apprenticeship Training Tax Credit is a refundable tax credit. The tax credit is based on salaries and wages paid to an apprentice.Comments on Funding: The ATTC is not available for apprenticeship programs that commenced on or after November 15, 2017.for each qualifying apprenticeship that is an apprenticeship program […]
Ontario Transitional Tax Debits and Credits – Canada Revenue Agency (2021)
Amount:No Fixed Amount Type of Program:Tax Credit Description: Corporations may be subject to an Ontario transitional tax debit or be eligible to claim an Ontario transitional tax credit due to the harmonization of the two legislative acts governing federal and Ontario income taxes. When It Ends: Ongoing Deadline: Rolling deadlineEligibility:Applicants must be specified corporations that are subject to […]
