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Technology Information
Session
Coming
Soon |
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2002 01 30
"Claiming Oil and Gas Equipment as
Capital Expenditures under the SR&ED Program” - Fifth in a Series of
SR&ED Technical Working Group Forums
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 which types of oil and gas
equipment qualify for SR&ED tax credits, and to explain regulations
(under Canada’s Income Tax Act) pertaining to the acquisition and usage of
oilfield equipment under the SR&ED Program.
| Date: |
Wednesday, January 30, 2002 |
| Time: |
8:15 a.m. – 11:15 a.m. |
| Location:
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Main Auditorium, Alberta Research Council
250
Karl Clark Road (23 Avenue and Parsons Road)
Edmonton,
Alberta (phone: (780) 450-5111)
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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, which can be
carried forward for up to ten years, and used to offset income taxes
payable. CCRA, in collaboration with PTAC, PSAC, and KPMG High Technology
Practice Group, hosted four previous sessions on the modalities of the
SR&ED program, the definition of an SR&ED project, the eligibility
criteria for SR&ED, and information needed to support SR&ED work.
Following this winter session, there will be a spring and a fall session.
The spring session will deal with Field Pilots as potential SR&ED
projects, while the fall session will focus on Shop Floor R&D.
Benefits to Participants
This workshop will
provide valuable information to oil and gas executives, engineers and
accountants on guidelines as well as requirements for claiming capital
expenditures on oil and gas equipment for SR&ED credits. Participants
will hear from experts on the subject from CCRA, and from renowned and
experienced tax practitioners and industry members. Oil and gas
companies involved in upstream as well downstream activities, as well as
R&D and other services providers are particularly invited to attend
this important session.
Agenda for the
Day's Meeting
| 8:15 a.m. – 8:30 a.m.
|
Registration |
| 8:30 a.m. – 9:00
a.m. |
Hospitality |
| 9:00 a.m. – 9:08
a.m. |
Introduction and Welcome |
| 9:10 a.m. – 9:35
a.m. |
Presentation by CCRA |
| 9:35 a.m. – 10:00
a.m. |
First Industry Presentation
|
| 10:00 a.m. – 10:15
a.m. |
Coffee
break |
| 10:20 a.m. – 10:45
a.m. |
Second Industry Presentation
|
| 10:45 a.m. – 11:00
a.m. |
Panel Discussion |
| 11:05
a.m. |
Closing |
To register or to obtain additional information about the session,
please contact Chris Chiwetelu of CCRA via Fax: (403) 691-6625, Phone:
(403) 691-6424, or Email: Chris.Chiwetelu@ccra-adrc.gc.ca
no later than January 23, 2002.
Name:
____________________________________
Title:
____________________________
Company:
_________________________________
Email:
___________________________
Phone:
___________________________________
Fax:
_____________________________
Mailing
address:
_________________________________________________________
PTAC makes no representation
regarding ownership or quality of the subject
technology
.
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