2001 09 19
Technical Evidence/Support for SR&ED Work Oil and Gas
Industry’s SR&ED Technical Working Group Forum
Canada Customs and Revenue Agency (CCRA), KPMG High
Technology Practice Group, PTAC and PSAC invite you to attend a Technical Working
Group session designed to clarify the type of technical documentation companies need to
maintain to support their claims for Scientific Research and Experimental Development
(SR&ED) tax credits.
Date:
Wednesday, September 19, 2001
Time: 8:30 a.m. – 11:15 a.m.
Location: The National Film Board Theatre, Rm. 167, Harry Hays
Building
220 - 4th Avenue SE, Calgary
Background
The SR&ED Program affords Canadian companies an avenue to write off expenditures
incurred on R&D carried out in Canada. In addition, the program provides tax credits
at the rate of 20 to 35% of eligible expenditures, depending on the size of the company.
Small companies receive refund cheques while larger companies accumulate credits, which
can be carried forward for up to 10 years and used to offset income taxes payable. CCRA,
in collaboration with PTAC, PSAC, and KPMG High Technology Practice Group, hosted previous
technology sessions dealing with the modalities of the SR&ED program, the definition
of an SR&ED project, and the eligibility criteria for SR&ED. Future sessions will
address other important aspects of the SR&ED Program.
Benefits to Participants
This workshop offers valuable information to upstream and downstream oil and gas
executives as well as R&D and other service providers on what and how to document
SR&ED work. Participants will hear from experts from CCRA and learn best practices for
documenting SR&ED from leading industry members.
Agenda for the Day's Meeting
8:30 – 9:00 a.m. Registration and Hospitality
9:00 – 9:05 a.m. Introduction and Welcome
9:05 – 9:35 a.m. Necessary and Sufficient Supporting Information for SR&ED
Work -CCRA
9:40 – 10:00 a.m. Documenting SR&ED Work at Weatherford
Canada -- Weatherford ALS - Edmonton
10:00 – 10:15 a.m. Coffee break
10:20 – 10:45 a.m. Documenting SR&ED Work at Halliburton Energy Services --
Sperry–Sun Division, Halliburton Energy Services, Nisku
10:45 – 11:10 a.m. Documenting SR&ED Work at AGAT Laboratories
– AGAT Laboratories, Calgary
11:10 – 11:15 a.m. Closing
To register or to obtain technical information, please
contact Chris Chiwetelu of CCRA no later than September 17, 2001.
Name: ______________________________ Title:
______________________________
Company: ___________________________ Email: ____________________________
Phone: _____________________________ Fax: _____________________________
Mailing address: ___________________________________________________________________
PTAC makes no representation regarding ownership or
quality of the subject technology .
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