Small Business Investor Tax Credit Program
Tax creditNew BrunswickUp to $125,000
New Brunswick's Small Business Investor Tax Credit provides a non-refundable personal income tax credit to individual investors who invest in eligible small businesses and community economic development corporations. Individual investors receive a 50% tax credit up to $125,000 per year (on investments up to $250,000), while corporate and trust investors receive a 15% credit up to $75,000 (on investments up to $500,000). Unused credits can be carried forward seven years or back three years.
What you'll need
- Application for Certificate of Registration
- Investment plan (for corporations) or community economic development plan (for CEDCs/associations)
- Directors' statement
- Potential investor statement
- Application for Tax Credit Certificate
- Individual investor statement or corporation/trust investor statement