Tax credit for technological adaptation services

This document was prepared with the information on the ministère Revenu Québec’s Web site.

To help SMEs gain access to strategic information about existing technologies and market trends as well as invest more in the creation of a true innovation network, the Quebec government offers a 50% refundable tax credit for expenses incurred at liaison and transfer centres, and college centres for the transfer of technology. 

Eligibility Criteria

A corporation may claim the credit regardless of its size. The credit may also be claimed by a corporation that is a member of an eligible partnership. The credit is granted to each member corporation for the taxation year in which the partnership's fiscal period ends. The amount granted to a given corporation is based on that corporation's share of the partnership income or loss.

Eligible Activities

Eligible expenditures

For the purposes of the tax credit for technological adaptation services, eligible expenditures are as follows:

• an amount equal to 80% of the eligible fees relating to competitive intelligence and liaison and transfer services;
• the costs of participating in training and information activities that are related to liaison and transfer services provided by an eligible liaison and transfer centre or an eligible college centre for the transfer of technology (the costs of training activities that are part of a regular training program are not eligible for the credit).

Summary

Liaison and transfer

Liaison and transfer centres offer liaison and transfer services between companies, universities, and other innovation stakeholders. They help businesses specify their needs, facilitate contacts and communications between players, and support businesses in the various stages of carrying out an innovation project.

College centres for the transfer of technology, with locations throughout Quebec , are affiliated with CEGEPs. They play much the same role as liaison and transfer centres, but on a local and regional level. In addition, they provide technical training support.

The following liaison and transfer services are provided by these organizations:

• locating and brokering research results;
• assessing business needs;
• bringing the various players together;
• carrying out technical feasibility studies and assessing the commercial potential of innovation projects;
• supporting businesses in the various stages of an innovation project;
• carrying out software certification tests.

For more information, consult the Web site http://www.revenu.gouv.qc.ca/eng/entreprise/impot/credits/adaptation/dem_adaptation.asp