Expenditures on Research and for Business Expansion

NO: IT-475 DATE: March 31, 1981 SUBJECT: INCOME TAX ACT Expenditures on Research and for Business Expansion REFERENCE: Paragraphs 18(1)(a) and (b) 1. The purpose of this bulletin is to discuss the treatment of expenditures on research and expenditures made for business expansion. These expenditures include the cost of market research, applied research, feasibility studies and […]