Yukon Research and Development Tax Credit
Tax creditYukon
A territorial tax credit for corporations with a permanent establishment in Yukon that incur qualified expenditures for scientific research and experimental development carried on in Yukon. The credit equals 15% of eligible expenditures plus 5% of eligible expenditures paid to Yukon University, and is fully refundable.
What you'll need
- Schedule 442 (Yukon Research and Development Tax Credit)
- Documentation of qualified expenditures for scientific research and experimental development
- Proof of permanent establishment in Yukon
- Records of eligible repayments if applicable
- Corporate tax return